Technical analysis by i_am_noone about Symbol PENDLE: Buy recommendation (5/20/2025)

After months of consolidation, PENDLE appears ready to break out of its weekly range.RSI breakout: Momentum has finally pushed through a long-term descending trendline — a potential shift in trend strength.Technical structure: Clear higher lows, repeated resistance tests — bulls may be gaining control.Key Fibonacci levels:0.618 reclaimed ($5.12),Next potential targets: $6.50 – $10.19 (1.618 extension),Higher extensions: $15.24 and $20.30 if bullish momentum continues.If this breakout confirms with a strong weekly close, PENDLE could enter a new trend phase and aim for price discovery.