š LONG $PENDLE
š° Entry: 2.6485
š” Stop-loss: 2.5548 (ā3.5%)
šÆ Take-profit: 2.7609 ā 2.8171
š A bullish engulfing candle just swallowed the prior red bar at EMA20 on PENDLE, and the short-term low is now locked in favor of buyers.
ā¢ EMA stack is fully bullish with a 3.4% spread, so price is pulling back into trend, not against it
ā¢ Pullback found support just 1.9% off EMA20, a shallow dip in a healthy uptrend
ā¢ Engulfing candle printed 1.67 ATR range on 2.3x volume, real conviction behind the reclaim
ā¢ Taker imbalance sits 9% buy-side with positive OBI, spot flow confirms the bounce
ā¢ 4H and 1D agree with the trend while RSI at 60 leaves room before overbought
ā Score 62.3/100 ā ā ā āā
Buyers hold control while price stays above EMA20; scale in on the reclaim and keep the stop tight below the recent swing.
š¬ Long $PENDLE too, or taking the other side? Drop your call below.
$BTC #PENDLEUSDT #Long #TradingSignals
š Follow for hourly setups.
š° Entry: 2.6485
š” Stop-loss: 2.5548 (ā3.5%)
šÆ Take-profit: 2.7609 ā 2.8171
š A bullish engulfing candle just swallowed the prior red bar at EMA20 on PENDLE, and the short-term low is now locked in favor of buyers.
ā¢ EMA stack is fully bullish with a 3.4% spread, so price is pulling back into trend, not against it
ā¢ Pullback found support just 1.9% off EMA20, a shallow dip in a healthy uptrend
ā¢ Engulfing candle printed 1.67 ATR range on 2.3x volume, real conviction behind the reclaim
ā¢ Taker imbalance sits 9% buy-side with positive OBI, spot flow confirms the bounce
ā¢ 4H and 1D agree with the trend while RSI at 60 leaves room before overbought
ā Score 62.3/100 ā ā ā āā
Buyers hold control while price stays above EMA20; scale in on the reclaim and keep the stop tight below the recent swing.
š¬ Long $PENDLE too, or taking the other side? Drop your call below.
$BTC #PENDLEUSDT #Long #TradingSignals
š Follow for hourly setups.