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$PENDLE /USDT SHORT TRADE SIGNAL – BEARS IN CONTROL! 📉🔥
$PENDLE /USDT SHORT TRADE SIGNAL – BEARS IN CONTROL! 📉🔥
🔹 Current Price: $3.584
$PENDLE is facing strong rejection at resistance, with sellers stepping in aggressively. If the price drops below $3.500, expect further downside!
🔻 Short Trade Setup:
🔹 Entry: Below $3.500 (Breakdown Confirmation)
🎯 Target 1: $3.350 – First support zone
🎯 Target 2: $3.150 – Major liquidity zone for profit-taking
🛑 Stop Loss: $3.750 – Above recent highs to avoid fakeouts
📊 Market Insights:
Bearish Trend Forming: Lower highs indicate increased selling pressure.
Weak Buying Volume: Bulls are losing momentum, signaling a potential drop.
Breakdown Confirmation: Losing $3.500 could trigger stronger selling.
💡 Pro Tip:
Wait for a clear close below $3.500 before entering. A retest and rejection of this level confirms stronger bearish momentum!
📉 If $PENDLE fails to reclaim $3.650, sellers will likely push it towards $3.150. Stay patient and watch for volume confirmation!
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