$PENDLE Structure Holding Strong… Buyers Still Pressing Higher 🔥
PENDLE is showing a solid recovery after bouncing from the 1.242 area and pushing sharply toward the 1.538 zone. The move is clearly gaining attention, especially as price continues to hold above short-term moving averages.
Momentum is turning more positive, and the current structure suggests buyers are still active despite a small pullback near the top.
Key levels to watch:
1.500–1.538 is the nearest resistance area. If PENDLE can break and stay above this zone, the next upside targets may open toward 1.560–1.600.
On the downside, 1.390 remains an important support zone. As long as price stays above this level, the bullish setup is still valid.
For now, the chart still leans bullish, but chasing too late is risky. Waiting for confirmation or a clean retest would be safer.
Click below to Take Trade 👇
PENDLE is showing a solid recovery after bouncing from the 1.242 area and pushing sharply toward the 1.538 zone. The move is clearly gaining attention, especially as price continues to hold above short-term moving averages.
Momentum is turning more positive, and the current structure suggests buyers are still active despite a small pullback near the top.
Key levels to watch:
1.500–1.538 is the nearest resistance area. If PENDLE can break and stay above this zone, the next upside targets may open toward 1.560–1.600.
On the downside, 1.390 remains an important support zone. As long as price stays above this level, the bullish setup is still valid.
For now, the chart still leans bullish, but chasing too late is risky. Waiting for confirmation or a clean retest would be safer.
Click below to Take Trade 👇