$PENDLE /USDT – BEARISH RETEST BELOW RESISTANCE
LOWER HIGHS FORMING UNDER $3.665
WEAK REJECTION NEAR $3.55 ZONE
VOLUME DECLINING ON GREEN PUSHES
$PENDLE is struggling to reclaim the $3.55–$3.66 resistance zone after a sharp decline from the recent high. Despite short-term recoveries, the price structure still shows lower highs and fading bullish momentum. Current price action suggests a possible bearish continuation if $3.44 breaks.
🔴 SHORT Trade Setup
• Entry Zone: $3.50 – $3.54
• Take Profit: $3.32
• Stop Loss: $3.58
Market Outlook: A break below $3.44 could trigger another leg down. Bulls must reclaim $3.58+ to invalidate this setup.
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