š $PENDLE
/USDT COOLING AFTER SPIKE
+1.35% | Local Top In? Or Just a Dip? š¤
$PENDLE rallied from $3.644 to a local high of $3.947, but failed to hold gains and is now pulling back to $3.823. This looks like a classic post-breakout correction ā and may offer a short-term opportunity either way. š
š“ SHORT TRADE SETUP:
⢠Entry Zone: $3.83 ā $3.86
⢠Take Profit (TP): $3.72 / $3.66
⢠Stop Loss (SL): Above $3.94
Alternatively, bulls might eye re-entry on support if volume holds above $3.75.
š Market Outlook:
⢠Resistance confirmed at $3.947
⢠Bearish candles forming post-peak
⢠Next move depends on $3.80 support reaction
Be tactical ā breakout traders are now locking profits.