$PENDLE Strong rally → rejection near 1.52–1.54 zone.

Clear liquidity grab + profit taking at the top.

EP

1.46 - 1.49

TP

TP1 1.43

TP2 1.39

TP3 1.34

SL

1.55

Clean impulse up → lower highs forming + pullback = distribution phase starting.

Price losing strength below 1.50, structure weakening → likely correction before continuation.