$PENDLE /USDT.
๐ PENDLE/USDT โ 15m Trade Setup (Bearish Trend, Support Watch)
Current Price: $4.369 (โ4.06%)
MA60: $4.401 (currently acting as resistance)
Volume: Weakening intrabar (Vol: 258, below MA(5) & MA(10))
24h Range: $4.296 โ $4.715
Structure: Minor support at $4.35 โ key support at $4.30
๐ด Short Breakdown Setup
โ Entry:
Short below $4.355
Confirm breakdown with a 15m candle close below $4.35 and volume >1K
๐ฏ Targets:
TP1: $4.30 (24h low sweep)
TP2: $4.18 (prev demand wick)
TP3: $4.00 (psych level + potential liquidity zone)
๐ Stop-Loss:
Above $4.42 (above MA60 and current intraday rejection)
๐ข Scalp Long Bounce Option
โ Entry:
Long between $4.30โ4.32 only if bullish reversal pattern shows (e.g., hammer or engulfing with volume >1.2K)
๐ฏ Targets:
TP1: $4.40 (MA60 reclaim)
TP2: $4.48
TP3: $4.58
๐ Stop-Loss:
Below $4.27 (to avoid breakdown continuation)
๐ Summary Table:
Setup TypeBiasEntry RangeTargetsStop-LossBreakdown ShortBearish<$4.355$4.30 โ $4.18 โ $4.00>$4.42Bounce Long ScalpBullish$4.30โ$4.32$4.40 โ $4.48 โ $4.58<$4.27
Would you like follow-up setups if it tests either $4.30 or MA60 again?
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