🔻 $PENDLE /USDT – Short Trade Setup! (Fresh Breakdown Incoming)
$PENDLE is facing a strong rejection near the $3.48 zone after a weak bullish push. Sellers are stepping in fast, and price action shows signs of a lower high formation.
📉 Short Trade Setup (Futures Only):
Entry Zone: $3.43 – $3.46
TP1: $3.38
TP2: $3.30
TP3: $3.22
Stop Loss: $3.50
📊 Market Insight: Sharp red candle after multiple rejection wicks signals exhaustion. Weak buyer follow-up confirms short potential.
🚨 Pro Tip: Look for a retest rejection near $3.45 for confirmation. Lock partial profits at TP1 and trail stop loss for downside continuation.
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