$PENDLE USDT short trade signal 🛑 🚦

BEARISH PRESSURE BUILDING — REJECTION SIGNALS POTENTIAL DROP

PENDLE is facing strong rejection near the 5.45 resistance zone after multiple failed breakout attempts. Price action shows sellers defending this supply area aggressively, indicating weakening bullish momentum. A breakdown below 5.40 could trigger a short-term correction toward lower support levels.

Trade Setup (Short):

Entry Zone: 5.42 – 5.45

Take Profit 1: 5.35

Take Profit 2: 5.28

Take Profit 3: 5.20

Stop Loss: 5.47

Market Outlook:

Momentum is shifting bearish on lower timeframes as repeated rejections cap upside potential. Selling volume is building, and if support at 5.38 fails, a deeper retracement could unfold quickly. Watch for a decisive close below the support to confirm the move.

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