🚀 $PENDLE /USDT: Consolidation at Key Level – Watch for a Breakout 🚀
PENDLE is trading at $5.122, up +4.70% in the last 24 hours. The 5-minute chart shows price consolidation after a pullback, signaling a potential setup for the next move.
Key Levels to Monitor:
Resistance Zone: $5.200
Support Zone: $5.050
Trading Strategy:
Entry Zone: $5.100 - $5.150
Targets:
Short-term: $5.200
Extension: $5.300
Stop-Loss: $5.000
Price is holding above the $5.050 support zone, suggesting bullish momentum may resume if resistance at $5.200 is cleared. Watch for a breakout confirmation and manage your risk effectively.