🔴 $PENDLE APPROACHING HEAVY OVERHEAD RESISTANCE ZONE AS SELLERS PREPARE FOR REJECTION! 📉
Entry: 2.125 - 2.150 ⚡
Target: 2.000 / 1.850 / 1.650 🎯
Stop Loss: 2.220 ⚠️
📌 Smart money is steering $PENDLE directly into an established overhead supply block following a swift bullish expansion. While momentum appeared aggressive, price action is testing key structural levels where institutional sell orders are stacked to absorb buying volume. 🔍
📊 Looking for a liquidity sweep into resistance followed by seller distribution. A confirmed bearish pivot off this level opens a clean path lower toward key discount targets, while risk remains tight above structural invalidation. 💬 Are you waiting for structural confirmation on the lower timeframes, or setting limit orders at resistance? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #PENDLE #ShortSetup #Crypto #MarketStructure #Trading
📉 🦈
Entry: 2.125 - 2.150 ⚡
Target: 2.000 / 1.850 / 1.650 🎯
Stop Loss: 2.220 ⚠️
📌 Smart money is steering $PENDLE directly into an established overhead supply block following a swift bullish expansion. While momentum appeared aggressive, price action is testing key structural levels where institutional sell orders are stacked to absorb buying volume. 🔍
📊 Looking for a liquidity sweep into resistance followed by seller distribution. A confirmed bearish pivot off this level opens a clean path lower toward key discount targets, while risk remains tight above structural invalidation. 💬 Are you waiting for structural confirmation on the lower timeframes, or setting limit orders at resistance? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #PENDLE #ShortSetup #Crypto #MarketStructure #Trading
📉 🦈
