📉 $PENDLE
/USDT COOLING AFTER SPIKE
+1.35% | Local Top In? Or Just a Dip? 🤔
$PENDLE rallied from $3.644 to a local high of $3.947, but failed to hold gains and is now pulling back to $3.823. This looks like a classic post-breakout correction — and may offer a short-term opportunity either way. 🔄
🔴 SHORT TRADE SETUP:
• Entry Zone: $3.83 – $3.86
• Take Profit (TP): $3.72 / $3.66
• Stop Loss (SL): Above $3.94
Alternatively, bulls might eye re-entry on support if volume holds above $3.75.
📌 Market Outlook:
• Resistance confirmed at $3.947
• Bearish candles forming post-peak
• Next move depends on $3.80 support reaction
Be tactical — breakout traders are now locking profits.