$PENDLE slipped under 2 on a 11.6% day, and the hourly structure just confirmed a break below the prior swing low. Price is pinned under both declining EMAs and sitting on the range floor at 1.9017, the last swing low. The zone that matters on a bounce is 2.04 to 2.06, the order block left by the last opposing candle before the selloff. Sellers defended there once already. A decisive hourly close above 2.0595 flips this back to the bulls and voids the continuation case. Is the floor at 1.9017 where you want to be bidding, or are you waiting for the retest of 2.04? We map this kind of breakdown for the community every morning before the session opens. #Altcoin Season#