$PENDLE /USDT – Analysis in Progress! Shorts in Execution! Current Price: $4. 131🎯 (+6. 63%) PENDLE has found resistance at $4. 32 and is currently showing a clear downward rejection, forming lower highs. 🚀💸🛸
Key Resistance Levels:
$4. 32 (local high) 🎯
$4. 40🎯
Key Support Levels:
$4. 00 🎯
$3. 90 🎯
$3. 78 (24H Low) 🎯
Setup for Short Trade:
Entry Range: $4. 13 – $4. 20 🚀
TP1: $4. 00 🎯
TP2: $3. 90 🎯
TP3: $3. 78🎯
Stop Loss: $4. 35⚠️
Market Outlook:
A bearish engulfing candle is observed on the 30-minute chart, accompanied by weakening momentum and a decrease in volume after reaching the high. A break below $4. 10 could accelerate the decline.
Professional Advice:
Increase short positions on minor bounces with confirmation indication; avoid chasing. Use trailing stops as the price approaches support. 🧠
Bears, your opportunity has presented itself – strike with precision!
buy and trade here 👉🏾$PENDLE 🔥