$PENDLE /USDT – BEARISH OUTLOOK 📉🔥

$PENDLE is trading at $5.449 (-2.70%), pulling back from the recent high of $5.997, showing signs of profit-taking and short-term weakness.

🔑 Key Levels:

Resistance: $5.536 🛑 | $5.997 🚧 | $6.133 🔝

Support: $5.229 🛡 | $4.939 ⚓ | $4.343 🪨

📊 Trade Setup – SHORT

Entry: $5.45 – $5.53 🎯

TP1: $5.23

TP2: $4.94

SL: $5.60 ❌

💡 Risk Management:

Risk only 1–2% per trade, set stop loss without fail, and avoid oversized positions to protect capital. 🛡

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