$PENDLE /USDT ā SHORT TRADE SIGNAL š“
BEARISH REVERSAL FROM $4.15 RESISTANCE
LOWER HIGH FORMATION CONFIRMED
LOSS OF MOMENTUM WITH INCREASING RED VOLUME
$PENDLE is showing strong rejection from the $4.15 resistance zone, forming a lower high and breaking back below $3.70 support. The current 4H candle pattern signals bearish continuation with increased selling volume.
š“ Trade Setup
⢠Entry Point: $3.66 ā $3.72
⢠Stop Loss: $3.85
⢠Take Profit: $3.54 / $3.42
⢠Margin: 2ā3%
⢠Leverage: 10x
Market Outlook: If selling pressure persists below $3.70, PENDLE could revisit its recent low at $3.42 with room for further downside.
#PENDLE #BearishTrend #ShortSignal #DeFiTrading #BinanceSquare