$PENDLE analysis:

- Short Trade:

- Active short trade with entry zone $4.13-$4.20

- Targets: $4.00, $3.90, $3.78

- Stop Loss: $4.35

- Bearish Signs:

- Hit resistance at $4.32 with downward rejection

- Lower highs forming, bearish engulfing candle on 30m chart

- Fading momentum and decreasing volume

- Market Outlook:

- Breakdown below $4.10 could accelerate the fall.

$PENDLE

{future}{PENDLE}