$PENDLE /USDT BEARISH SETUP UNFOLDING 🔻🔥

PENDLE is under heavy selling pressure, currently trading at $3.89 (-12.75%), following a rejection near the $4.57 zone. The price is showing signs of weakness with lower highs and strong bearish candles forming. Momentum favors the bears!

🔑 KEY LEVELS:

Resistance:

🔼 $4.00 – Immediate

🔼 $4.30 – Breakdown retest zone

🔼 $4.57 – 24h high (major supply)

Support:

🔽 $3.85 – 24h low

🔽 $3.60 – Next support zone

🔽 $3.30 – Strong historical support

🎯 TRADE SETUP (SHORT):

Entry: $3.88 - $3.95

Targets (TP):

✅ TP1: $3.70

✅ TP2: $3.60

✅ TP3: $3.30

Stop Loss (SL): $4.10

🛡 RISK MANAGEMENT:

Risk only 2% per trade. Stick to SL and avoid emotional exits. Trail your stops when in profit. Keep your strategy sharp and consistent.

Price action is screaming caution – the bears are in control! #MarketPullback #SECProjectCrypto #WhiteHouseDigitalAssetReport #EthereumTurns10 #Write2Earn $PENDLE