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# 🚀 $PENDLE Bullish
Strategy: Long $PENDLE, range consolidation to build momentum for breakout
Core Logic:
- Consolidation phase, demand from profit-taking tracks provides support
- Momentum shifts from weak to neutral, funds accumulate at low levels
Key Levels:
- Key Support: 1.200, 1.180
- Key Resistance: 1.220, 1.250
Trading Targets:
- Conservative: 1.220
- Momentum: 1.250
- Extended: 1.280
Short-term Outlook:
- Slightly upward
Mid-term Outlook:
- Bullish accumulation structure
Risk Considerations:
- Changes in profit mining market sentiment
- Combine protocol data and chart resonance for judgment