Pendle (PENDLE) Short Setup

Entries:

Entry 1: $4.48

Entry 2: $4.40

Targets (TP):

TP1: $4.27

TP2: $4.13

TP3: $3.82

TP4: $3.50

Stop Loss: $4.65

Analysis:

Pendle is facing resistance near $4.48 with signs of exhaustion and bearish divergence. A pullback is expected if the price fails to break higher.

$PENDLE

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