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$PENDLE (1h) - Breakout Continuation Setup
Bias: Long
Entry (Zone): 1.88 - 1.91
Targets:
TP1: 1.95
TP2: 2.00
TP3: 2.08
Stop Loss: 1.83
Why this Setup:
I’m seeing a strong rebound back into the 1.90 area after a sharp recovery from the 1.70s, and I want to trade the continuation if price holds above the recent breakout zone. The momentum looks firm, so I’m targeting a push into the next resistance levels while keeping the invalidation below the reclaimed support.