$PENDLE /USDT — Bullish Continuation After Liquidation Reset
Market Insight:
PENDLE saw a notable long liquidation at 1.77285, which looks more like profit-taking than trend failure. Overall structure remains bullish, with short-term momentum cooling. This reset often supports continuation if key support holds.
Key Levels:
Support:
1.68
1.55
Resistance:
1.85
2.00
Trade Outlook (Long Bias):
Entry Zone:
1.68 – 1.72 (on support confirmation)
Targets:
TG1: 1.85
TG2: 2.00
TG3: 2.25
Invalidation:
Loss of structure below 1.55
Pro Tip:
Strong trends often pause before continuation. Let price confirm strength and manage risk carefully.
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PENDLEUSDT
Prep
1.8576
-5.73%