$PENDLE
/USDC SHORT TRADE SIGNAL ๐ด
REJECTION FROM RESISTANCE ZONE
CLEAR BEARISH MOMENTUM IN PLAY
PENDLE failed to hold above the $4.10 resistance level and is consistently making lower highs. Selling pressure is dominating on the 15m timeframe.
๐ Trade Setup:
Entry Point: $3.91 โ $3.92
Stop Loss: $4.11
Take Profit: $3.87 / $3.82
Margin: 2โ3% of wallet
Leverage: 10x
๐งญ Market Outlook:
Bearish trend continuation expected as long as price remains below $4.00. Further downside can occur if support levels break.
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