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Did $PENDLE just exhaust its run or is this the breather before the real move?
Looking at 1000930623, we saw that local top at 2.201 and since then it has been a series of lower highs.
The price is hovering at 2.018 right now, struggling to hold onto that psychological 2.00 level.
Volume is definitely thinning out on these small green bounces, which usually means the buyers are hesitating.
If we lose this 2.01 area, the next stop looks like 1.93 or even a retest of that 1.885 support floor.
I am keeping my hands in my pockets until I see a real change in market structure.
#GateSquareMayTradingShare #TrumpVisitsChinaMay13