PENDLE Long Position (Trend Line Breakout)

Market Context: PENDLE is breaking out of a significant trend line resistance, setting up for a potential move to new local highs. Additionally, there is a strong narrative surrounding PENDLE with BTC restaking, further fueling bullish sentiment.

Trade Setup:

Entry: Enter a long trade around $3.3 (throwback to broken resistance).
Take Profit:
First target: $4
Second target: $4.6
Stop Loss: Below $2.5

📊 This setup looks promising, focusing on the breakout potential and strong fundamental backing. #PENDLE #Breakout #Crypto