$PENDLE has bounced strongly from the 1.78 support and reclaimed the 4H moving averages which shows early momentum returning. Price is holding above the short term MA cluster near 1.95 which keeps the structure bullish as long as this level holds. A break and hold above 2.10 can open the next wave of expansion. Volume is rising which confirms interest on the recovery move.
Buy Zone
1.92 to 1.98 accumulation zone
Targets
TP1 → 2.15
TP2 → 2.28
TP3 → 2.36
Stop Loss
1.82
Let me know if you want a more aggressive or safer setup.
