$PENDLE /USDT – Strong Rally Nears Resistance With Pullback Risk Ahead
#PENDLE is showing solid bullish momentum after climbing from the $2.07 area toward the $2.34 resistance zone. Price is currently trading near the daily high, so a rejection around this area could trigger a short-term pullback toward lower support before buyers attempt another push higher.
Trade Setup
Entry Range: $2.30 – $2.34
Target 1: $2.25
Target 2: $2.15
Target 3: $2.07
Stop Loss (SL): $2.42
PENDLE is approaching a key resistance zone after a strong upside move, increasing the chance of short-term selling pressure. If price remains below $2.34–$2.40, a move toward lower support levels remains possible.
#PENDLE is showing solid bullish momentum after climbing from the $2.07 area toward the $2.34 resistance zone. Price is currently trading near the daily high, so a rejection around this area could trigger a short-term pullback toward lower support before buyers attempt another push higher.
Trade Setup
Entry Range: $2.30 – $2.34
Target 1: $2.25
Target 2: $2.15
Target 3: $2.07
Stop Loss (SL): $2.42
PENDLE is approaching a key resistance zone after a strong upside move, increasing the chance of short-term selling pressure. If price remains below $2.34–$2.40, a move toward lower support levels remains possible.
