PENDLE Long Setup – Key Support Retest at $3PENDLE 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
Pendle
PENDLE CHART ANALYSIS : LONG OR SHOT? SEED_DONKEYDAN_MARKET_CAP:PENDLE is currently facing resistance and CRYPTOCAP:BTC is struggling to clear main resistance at 67k. If PENDLE doesn't hold current price at 4.30 zone, next support stands at 3.40 zone, which is also a mid supply zone.
In case of bullish move from support or from current price value 6.00 level is most likely to happen in few weeks.