PENDLE is pulling back into the $3.00 zone, a key level that previously acted as resistance and is now being retested as support. This classic support-resistance flip often marks the foundation for a bullish reversal, especially if price holds with strength.
📌 Trade Setup:
Entry Zone: Around $3.00
Take Profit Targets:
🥇 $3.41
🥈 $3.80
Stop Loss: Daily close below $2.80
📌 Trade Setup:
Entry Zone: Around $3.00
Take Profit Targets:
🥇 $3.41
🥈 $3.80
Stop Loss: Daily close below $2.80
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.