Guys, I’m watching $PENDLE very closely right now. The chart is showing a clear bullish reversal, and the recent pullback looks healthy and well-controlled. Sellers failed to push price lower, structure has stabilized, and buyers are now stepping back in with strength. This move looks more like the start of a recovery leg rather than a short-lived bounce.
Momentum is gradually shifting in favor of the bulls, and as long as price holds above the recent support zone, continuation toward higher levels remains likely. This is the kind of setup where patience pays — let the market confirm and then ride the move with a plan.
Trade Setup (Long)
Entry Zone: 1.70 – 1.75
Targets:
TP1: 1.85
TP2: 1.95
TP3: 2.10
Stop Loss: 1.62
Stay disciplined, manage risk properly, and let the trend do the work.