$PENDLE

/USDT – Short Trade Setup

PENDLE has faced rejection near the $5.87 resistance zone after a period of consolidation. The chart suggests weakness with potential downside momentum building, opening room for a corrective move toward lower support levels.

Entry: 5.38 – 5.40

Target 1: 4.12

Target 2: 3.90

Target 3: 3.32

Stop-Loss: 5.87

Risk Management 🔐

Allocate only 3–5% of your portfolio. Once Target 1 is hit, shift SL to entry to minimize risk.

Pro Tip 💡

Watch for sustained selling pressure; if volume increases on red candles, bearish continuation will likely accelerate toward deeper support zones.

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