Trade: Long on PENDLEUSDT (4-hour chart)

Entry zone:1.055 – 1.065
(Right where price is bouncing off the 4h MA30 and the recent swing low area.)

Stop Loss:1.035
(Below the structure low and the big volume spike at the bottom — protects the trade.)

TP1:1.12
(First major resistance from the downtrend line.)

TP2: 1.18
(50% Fibonacci retracement of the whole drop from 1.36 to 0.968.)

TP3:1.26 – 1.28
(Next strong resistance level.)

Everything lines up: price action making a higher low, volume spiked at the bottom showing buyers stepped in, MACD turning up, and RSI has room to run. Only take it if the next candles keep the green volume coming. Risk what you’re comfortable losing.
$PENDLE
#PENDLE ‌