$PENDLE /USDT – Short Trade Signal Activated! 🔥
Current Price: $2.839 (-0.21%)
24H Range: $2.367 – $3.029
Category: DeFi
Quick Overview:
$PENDLE has printed a strong upward leg, topping out above $3.00. Current price action is showing signs of weakness with a lower high and decreasing volume – indicating potential reversal setup.
Key Levels:
• Resistance: $2.95 / $3.03
• Support: $2.75 / $2.60
Short Setup:
• Entry Zone: $2.84 – $2.88
• Targets:
• TP1: $2.75
• TP2: $2.65
• TP3: $2.50
• Stop Loss: $3.05
Market Insight:
Momentum is slowing after a vertical rally. RSI may be cooling off, and a lower high setup on the 30M chart supports a short-biased scalp.
Pro Tip:
Look for a clean 30M close below $2.82 for added confirmation. Use a tight stop and manage actively post-TP1.
Trend shift may be brewing – stay sharp and ride the momentum!
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