$PENDLE

PENDLE

1.15

+3.69%

liquidity sweep into key support, bounce structure taking shape.

Long Setup: PENDLE

Buy Zone: 1.100 – 1.120

Stop Loss: 1.085

Targets:

TP1: 1.140

TP2: 1.180

TP3: 1.210

Market Read:

$PENDLE dipped below recent lows around 1.088, swept liquidity, and snapped back fast a strong sign of buyers absorbing sell pressure. Downside momentum failed to follow through, and price is now stabilizing above support. This looks like post-correction absorption, favoring a continuation move toward overhead resistance as long as the base holds

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