6$PENDLE /USDT short trade signal 🚦 🛑
BEARS POISED TO PUSH PRICE LOWER
Pendle is facing consistent rejection near the $5.48 zone, showing fading bullish momentum and an inability to break through overhead resistance. A drop below $5.38 could trigger a move toward $5.25, with sellers aiming to extend control toward lower supports.
Trade Setup
Entry Zone: $5.44 – $5.48
Take Profit 1: $5.38
Take Profit 2: $5.25
Stop Loss: $5.61
Market Outlook
Price action is consolidating under resistance with increasing signs of bearish pressure. If $5.48 remains unbroken, downside continuation toward support levels is the likely scenario.
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buy and trade here $PENDLE