$PENDLE /USDT BEARISH SIGNAL ACTIVE š»
REJECTION FROM $4.15 SWING HIGH ā
LOWER HIGH + LOWER LOW STRUCTURE š
VOLUME FADING ON RECOVERY ATTEMPTS ā ļø
$PENDLE has lost its bullish momentum after peaking at $4.154, now forming a clear downtrend with lower highs and consistent bearish candles. Price is struggling to hold support at $3.70, and volume on green candles is significantly weakening ā signaling a lack of bullish conviction.
š“ SHORT TRADE SETUP:
Entry Zone: $3.70 ā $3.73
Take Profit: $3.55 / $3.42
Stop Loss: $3.84
š Market Outlook: If $3.70 fails to hold, could retest deeper support zones. Bearish bias remains intact unless price reclaims $3.87+ with volume.
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