Brothers, let me give you an overview of $PENDLE

This bullish logic, straight to the strategy, no fluff!

First, look at the trend: from $1 to now $1.58, the 4-hour chart has formed an upward channel, each pullback does not touch the previous low, and recently it even broke through the previous high to reach $1.63. The bullish momentum hasn't stopped at all, this trend is already established.

My bullish strategy is straightforward: now around $1.58, try small positions for testing; on a pullback to the $1.50-$1.52 range, add more. The moving averages are all trending upward, so pullbacks are opportunities to buy in—don't wait for a breakout to chase higher. For take profit, first target the previous high of $1.65-$1.7; if it breaks and stabilizes, aim for $2.0. As this trend develops, the potential is bigger than you think. If it drops below $1.45, exit decisively—no holding through losses, no adding to positions. When the trend breaks, walk away. Protect your capital to have another chance.

Why am I firmly bullish? The daily chart has already formed a W bottom, and this recent breakout is a second upward move. The DeFi sector itself has expectations of rotation and catch-up, plus trading volume continues to grow, clearly indicating funds are entering. The current volatility is just a shakeout; once it’s cleaned out, a rally will follow. Don’t get shaken out by short-term corrections—hold on and enjoy the gains.