💰$PENDLE is currently trading around $1.3426, showing renewed buying interest as fresh bullish momentum begins to build.

Technical Analysis (4H timeframe):

🟢 The price is holding above key short-term moving averages, while the LONG Sequence 1 signal indicates buyers are gradually regaining control and upside momentum is improving.

⚠️ The $1.37–$1.40 range acts as immediate resistance. A decisive breakout and close above this zone could pave the way for a move toward $1.45–$1.50.

📉 If buyers fail to clear resistance, PENDLE may retest the $1.31–$1.33 support area before attempting another advance.

Outlook: The short-term bias remains bullish, supported by the fresh LONG Sequence 1 signal and improving buying pressure. A confirmed breakout above $1.40 would strengthen the bullish outlook, while holding above $1.31 keeps the current recovery structure intact.

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