PENDLE / TetherUS
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PENDLE Long Spot Trade (Bullish Continuation)

165
Market Context:
PENDLE, a standout in the Ethereum ecosystem, is maintaining bullish momentum, printing higher lows while holding above the 200-day EMA. These signals point toward a continuation of the uptrend, with a likely retest of prior highs.

Trade Setup:

Entry Zone: Around $4.50
Take Profit Targets:
First target: $6.80
Second target: $9.40
Stop Loss: Daily close below $4.00

This trade focuses on strength in a trending market, with well-defined support and upside targets. Monitor for volume confirmation and any deviations below the 200-day EMA.

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