PENDLE is testing a bullish swing after a tight range, eyes on the 0.84 level as buyers press.
đ˘ $PENDLE LONG đ â Trade Plan
⢠Entry: $1.7451 â $1.7485
⢠Stop: $1.6944 (-3.0%)
⢠Target 1: $1.7730 (+1.5%)
⢠Target 2: $1.8341 (+5.0%)
⢠R/R 1:1.7 | Confidence 64%
A change of character broke the downtrend at the 0.81 order block, and the CVD spike confirms buying pressure. The fair value gap from the prior swing aligns with the order block, creating a POI confluence, while a liquidity sweep wiped the last sell stop.
A 3.0% stop is relatively tight, so a 5x to 10x leverage keeps risk manageable.
Take a partial profit around the first target near 0.92 as the price approaches the next resistance.
Not financial advice â always manage your own risk đ
$PENDLE #PENDLEUSDT #THORChain #TradingSignals #Write2Earn
đ˘ $PENDLE LONG đ â Trade Plan
⢠Entry: $1.7451 â $1.7485
⢠Stop: $1.6944 (-3.0%)
⢠Target 1: $1.7730 (+1.5%)
⢠Target 2: $1.8341 (+5.0%)
⢠R/R 1:1.7 | Confidence 64%
A change of character broke the downtrend at the 0.81 order block, and the CVD spike confirms buying pressure. The fair value gap from the prior swing aligns with the order block, creating a POI confluence, while a liquidity sweep wiped the last sell stop.
A 3.0% stop is relatively tight, so a 5x to 10x leverage keeps risk manageable.
Take a partial profit around the first target near 0.92 as the price approaches the next resistance.
Not financial advice â always manage your own risk đ
$PENDLE #PENDLEUSDT #THORChain #TradingSignals #Write2Earn