PENDLE Long Spot Trade (Bullish Continuation)
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.
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.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.