$PENDLE /USDT – Breakdown in Motion! Short Trade Active! 🚨

Current Price: $4.131 (+6.63%)

PENDLE hit resistance at $4.32 and is now showing a clear downward rejection with lower highs forming.

Key Resistance Levels:

$4.32 (local top)

$4.40

Key Support Levels:

$4.00

$3.90

$3.78 (24H Low)

Short Trade Setup:

Entry Zone: $4.13 – $4.20

TP1: $4.00

TP2: $3.90

TP3: $3.78

Stop Loss: $4.35

Market Insight:

Bearish engulfing candle on the 30m chart, with momentum fading and volume decreasing after the top. A breakdown below $4.10 could accelerate the fall.

Pro Tip:

Scale in short positions on minor bounces with confirmation; don’t chase. Use trailing stops as the price approaches support.

Bears, your window is open – strike with precision!

$PENDLE

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