🔥 PENDLEUSDT | Short-Term Market Update 📊

$PENDLE has seen a sharp sell-off, followed by base formation and consolidation near the lows. Price is currently stabilizing inside a tight range, indicating a potential volatility expansion soon 👀

📌 Bullish Scenario (Buy Setup)

If price breaks and sustains above the consolidation range:

✅ Entry (Buy Zone):

2.020 – 2.035

🛑 Stop Loss (SL):

1.980

(Below recent base & liquidity sweep)

PENDLE

2.005

+0.80%

PENDLEUSDT

Perp

2.0041

+0.89%

🎯 Take Profit (TP):

🥇 TP1: 2.080

🥈 TP2: 2.130

🥉 TP3: 2.180

➡️ Strong breakout + volume expansion can trigger a fast upside move 🚀

📉 Bearish Scenario (Sell Setup)

If price fails to hold support and closes below 1.980:

📌 Sell Targets:

👉 1.950

👉 1.910 – 1.890 zone

➡️ Breakdown would signal continuation of bearish structure

🧠 Market Insight

• Short-term trend: Neutral → Slightly Bullish

• Structure: Base building after impulsive drop

• Key confirmation: Volume + strong candle close

• Best trades: Breakout or breakdown (avoid chop)