PENDLE is setting up for a long play, with a solid structure break to the upside. Price is currently coiling, ready to make a move.

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🟢 PENDLE LONG 📈

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📍 Entry Range: $1.2891 – $1.2917

🛑 Stop Loss: $1.2517 (-3.0%)

🎯 TP1: $1.3098 (+1.5%)

🏆 TP2: $1.3549 (+5.0%)

⚡ R/R Ratio: 1:1.7

📊 Confidence: 91%

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We've got a cluster of signals firing on this one, including a clear market structure break, volume confirming the direction, and a fair value gap that's just begging to be filled. The order block and point of interest confluence are also overlapping, adding to the conviction. It's a high-confidence setup, with all the pieces in place for a move higher.

A 3.0% stop loss feels about right for this trade, and I'd be looking to use 2-3x leverage to maximize the potential return without over-exposing myself

I'm thinking of taking partial profits at the first target, just to lock in some gains and free up some capital for the next play

Not financial advice — always manage your own risk 🙏

#PENDLEUSDT $PENDLE #SMC #Write2Earn #Binance