$PENDLE /USDT – SHORT TRADE SETUP! 🚨
Market Insights:
$PENDLE has been in a steady downtrend since failing to hold above the 24H high of $5.692. The consistent lower highs and fresh drop to $5.307 show strong selling pressure. A break below $5.300 could accelerate the decline toward key support levels.
Key Levels:
Resistance: $5.400 – $5.500
Support: $5.250 – $5.200
Entry Zone: $5.305 – $5.330
🎯 TP1: $5.270
🎯 TP2: $5.250
🎯 TP3: $5.200
🛑 Stop Loss: $5.380
💡 Pro Tip: If $5.300 breaks on high volume, expect sellers to push quickly toward the $5.200 zone.