$PENDLE – Momentum Unleashed: High-Volume Breakout in Play
Trading Plan: Long $PENDLE
Entry Zone: 1.375 – 1.448
Stop Loss (SL): 1.280
Take Profit (TP) 1: 1.490
Take Profit (TP) 2: 1.540
Take Profit (TP) 3: 1.575
The chart shows a powerful bullish expansion. $PENDLE has successfully flipped its previous resistance into a launchpad, supported by a massive spike in buying volume. The SuperTrend is firmly green, and the MACD is showing strong upward divergence, confirming that the bulls are in full control.
While the RSI is currently high, the price action remains aggressive with no signs of exhaustion. This type of vertical movement suggests a "buy the dip" environment where any small pullback towards the 1.38 level is likely to be swallowed up by late buyers. We are looking for a continuation toward the next major psychological level.
Trade $PENDLE here 👇
