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$PENDLE is defending a key confluence zone.
Horizontal support + ascending trendline are holding firmly, while momentum is beginning to turn back in favor of the bulls.
➥ As long as this zone holds, the bullish structure remains intact.
A strong reaction here could open the door for the next leg higher.
Patience. Structure first.
#CoinDeskRevealsGateRWAPerpetualsTop3Globally #AugustCoreCPIBeatsExpectations #GateMeme