Crypto Alpha
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$PENDLE /USDT – Rejection and Breakdown Signal Active
PENDLE dropped hard after facing rejection near $3.58, slipping below short-term support with a sharp move down to $3.347. Sellers remain strong as price action prints consecutive red candles.
Current Price: $3.375 (-2.32%)
24H High / Low: $3.583 / $3.347
24H Volume: 6.17M PENDLE | 21.32M USDT
15m Chart Analysis:
Rejection at top near $3.58
Failed to hold mid-range levels around $3.49
Breakdown confirmed with lower lows forming
Trade Idea – Short Setup:
Entry: $3.375 - $3.39
Final Target: $3.20
Stop Loss: $3.46
Why This Setup Works:
Bearish momentum dominates with no strong reversal signs yet. Volume supports the breakdown, and any bounce may face resistance at $3.43–$3.46.
Risk Tip: Consider trailing SL if price dips below $3.30 zone.
Take Short Trade Now on $PENDLE
#BinanceAlphaAlert #MarketRebound #USStockDrop #BinanceHODLerHYPER
PENDLE dropped hard after facing rejection near $3.58, slipping below short-term support with a sharp move down to $3.347. Sellers remain strong as price action prints consecutive red candles.
Current Price: $3.375 (-2.32%)
24H High / Low: $3.583 / $3.347
24H Volume: 6.17M PENDLE | 21.32M USDT
15m Chart Analysis:
Rejection at top near $3.58
Failed to hold mid-range levels around $3.49
Breakdown confirmed with lower lows forming
Trade Idea – Short Setup:
Entry: $3.375 - $3.39
Final Target: $3.20
Stop Loss: $3.46
Why This Setup Works:
Bearish momentum dominates with no strong reversal signs yet. Volume supports the breakdown, and any bounce may face resistance at $3.43–$3.46.
Risk Tip: Consider trailing SL if price dips below $3.30 zone.
Take Short Trade Now on $PENDLE
#BinanceAlphaAlert #MarketRebound #USStockDrop #BinanceHODLerHYPER
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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