🚀 LONG
$PENDLE 💰 Entry: 2.6340
🛡 Stop-loss: 2.5648 (−2.6%)
🎯 Take-profit: 2.7171 → 2.7586
📈 A bullish engulfing candle just swallowed the prior red candle at EMA20, and buyers have locked the short-term low on PENDLE.
• Full EMA stack is aligned with a healthy spread, keeping the uptrend structure intact
• Pullback stalled right at EMA20, tagging it almost to the tick before reversing
• Bullish engulfing confirmation printed at 1.14x ATR, a decisive rejection of the dip
• CVD confirms buyers absorbing the flush even as takers leaned short — spot absorption in play
• 4H, daily and Elliott counts all agree, with a favorable R:R for the long
⭐ Score 75.5/100 ★★★★☆
Watch for a candle close holding above EMA20, scale in on strength, and keep the stop tight under the new swing low.
💬 Long
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