🔥 $PENDLE /USDT – Reversal Long Setup
$PENDLE is finding a floor after the recent dip, tapping a strong demand zone. Selling pressure is fading, and buyers are stepping in — perfect conditions for a bounce. The chart shows a falling wedge compression, signaling a potential breakout and sharp upside move.
⚡ Trade Plan:
• Entry Zone: 1.08 – 1.11
• Stop Loss: 1.04
• Take Profit:
• TP1: 1.17
• TP2: 1.25
• TP3: 1.37
🧠 Why this setup:
• Price hitting major demand → buying exhaustion
• Falling wedge suggests high probability breakout
• Scaled targets for disciplined gains
• Liquidity cluster near 1.40 supports continuation
✅ Notes:
• Wait for clean entry within the zone
• Protect capital with SL
• Momentum can spike quickly on breakout
Trade $PENDLE here 👇📈
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