PENDLEUSDT
$PENDLE
There is an Open Interest expansion (+2.8%) accompanied by BUY taker dominance near the support area. The price structure has started triggering an ignition signal for the continuation of the buying momentum.
Bias:
Bullish with potential for reentry during a pullback in the support area.
Trade Plan
Entry: 1.9713
SL: 1.955531
TP: 1.994953
Market Evidence:
• Open Interest is up +2.8% in line with BUY taker dominance.
• Active reentry setup with a bullish price structure.
• Ignition signal triggered near the support area.
Risk:
• The market condition is still within a range, limiting upside room.
Watch:
Monitor liquidity confirmation and the continuation of the buy order flow when price tests the entry area.
#RADAR #Crypto #PENDLEUSDT
$PENDLE
There is an Open Interest expansion (+2.8%) accompanied by BUY taker dominance near the support area. The price structure has started triggering an ignition signal for the continuation of the buying momentum.
Bias:
Bullish with potential for reentry during a pullback in the support area.
Trade Plan
Entry: 1.9713
SL: 1.955531
TP: 1.994953
Market Evidence:
• Open Interest is up +2.8% in line with BUY taker dominance.
• Active reentry setup with a bullish price structure.
• Ignition signal triggered near the support area.
Risk:
• The market condition is still within a range, limiting upside room.
Watch:
Monitor liquidity confirmation and the continuation of the buy order flow when price tests the entry area.
#RADAR #Crypto #PENDLEUSDT
