$PENDLE printed a short liquidation near $1.91298, forcing short positions to unwind.

Price is now coiling tightly, which often precedes a directional move.

EP: $1.88 – $1.95

TP1: $2.08

TP2: $2.28

TP3: $2.55

SL: $1.76

A break and hold above $2.00 can turn this into a full breakout.

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$PENDLE

PENDLE
PENDLE
1.564
-5.09%