$PENDLE – TOPPING OUT AFTER STRONG RALLY?

REJECTED AT $5.368

FIRST STRONG RED CANDLE AFTER VERTICAL MOVE

$PENDLE /USDT surged aggressively from $4.38 to $5.36, but now shows signs of exhaustion. A clear rejection at the top and the appearance of a strong bearish candle suggest possible short-term profit-taking. If price breaks below $5.20, a deeper correction toward support at $4.98 and $4.76 could follow quickly.

SHORT ENTRY: $5.24

TP1: $4.98

TP2: $4.76

SL: $5.37

Vertical rallies often correct fast — protect gains and watch momentum.

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