📉 $PENDLE /BTC BEARISH REVERSAL UNDERWAY – SHORT SETUP IN PLAY! 🔻
🔸 Current Price: 0.00003717 BTC
🔺 24H High: 0.00003904
🔻 24H Low: 0.00003541
📆 Trend: Price losing momentum after recent pump – signs of downside incoming.
🔑 KEY LEVELS
🔹 Resistance Levels:
0.00003850 (Local supply zone)
0.00003900 (Swing high resistance)
🔹 Support Levels:
0.00003700 (Testing now)
0.00003550 (Major support)
💼 TRADE SETUP – SHORT ENTRY
🔸 Entry: 0.00003780 – 0.00003850 (on rejection wick)
🔹 Stop Loss: 0.00003930 (above recent top)
🎯 Take Profit Targets:
TP1: 0.00003700
TP2: 0.00003600
TP3: 0.00003550
📉 INDICATOR HINTS
🔻 MACD: Bearish crossover forming
📉 EMA: Price falling below short-term EMAs
❗ RSI: Turning down from overbought
🧊 Volume: Decreasing – buyers fading
⚠️ RISK MANAGEMENT
🛡 Use only 2% of capital per trade.
🚫 Avoid overleveraging.
⏱ Monitor BTC's trend for volatility impact.
📊 $PENDLE/BTC shows clear weakness near resistance – short-term downside likely!
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