🚀 Trade Signal: $PENDLE /USDT | ⏳ Timeframe: 1D
🎯 Bias: 🔥 Bullish (Caution Due to Overbought RSI)
🔄 Live Price: 4.367 USDT (±0.34% from 24h high)
⚡ Entry Zone: 4.250–4.320 (Ideal: Near MA(25) = 4.352)
🎯 Profit Targets: 🏹 T1: 4.515 (+3.4%) | 🏦 T2: 4.707 (+8.0%) | 🌌 T3: 5.039 (+15.4%)
⛔ Stop Loss: 3.830 (-12.3%) | 🔓 Breakeven: At T1 Hit
⚖️ R:R: 1:3 (Auto-adjusted to 1:1.5 if SL tightens)
🔬 Market Breakdown
📊 Pattern: Ascending Channel with consolidation near 24h high.
📶 Indicators:
RSI(6): 71.887 (Overbought) 📉 Potential pullback likely
MACD: Bullish Cross (DIF > DEA) ✨ Momentum building
Fib Levels: 0.618 retracement at 4.044 🌀 Key support
🌐 Catalysts: Token Unlock event (supply increase risk) 📆
💡 Sentiment: Mixed 🐋 (Whales accumulating) vs. 🐍 (Retail profit-taking at highs).
🛡️ Risk Plan
💎 Size: 2% Capital (1,000 USDT @ 5x Leverage)
🔥 Max Loss: 0.5% of Portfolio
📉 Drawdown Hedge: Trailing Stop Loss at 2% below moving price after T1.
Note: Monitor RSI divergence and MACD histogram for reversal signals. Adjust SL to breakeven upon T1 hit.$PENDLE
