$PENDLE is showing a strong bounce from local support with increasing buying pressure.

PENDLE/USDT Long Setup

Timeframe: 1H

Bias: Long

Entry Zone:

1.92 – 1.95

Stop Loss:

1.85

Take Profits:

TP1: 2.00

TP2: 2.08

TP3: 2.18

Price has reacted positively from the demand zone and reclaimed short-term structure.

Bullish continuation is expected if price holds above the entry zone.

PENDLEUSDT

Perp

1.1904

+0.95%