PENDLE is ripping through resistance, eyes on a fresh swing lower as sellers dominate the 4‑hour chart.
🔴 $PENDLE SHORT 📉
Entry → $1.9032-$1.9070
Stop → $1.9623 (-3.0%)
TP1 → $1.8765 (+1.5%)
TP2 → $1.8098 (+5.0%)
R/R 1:1.7 • Confidence 64%
The CHoCH broke the last swing high, CVD showed heavy sell volume, a fresh FVG lines up with an OB, and a liquidity sweep hammered the prior swing low – all converging for a short burst. Structure is now a descending channel with the price hunting the next demand pocket.
A 3.0% stop is tight on a volatile asset, so keep leverage around 2‑3x.
Take half off the table once price hits the first fair‑value gap target.
Not financial advice — always manage your own risk 🙏
$PENDLE #PENDLEUSDT #Bitcoin #TradingSignals #Write2Earn
🔴 $PENDLE SHORT 📉
Entry → $1.9032-$1.9070
Stop → $1.9623 (-3.0%)
TP1 → $1.8765 (+1.5%)
TP2 → $1.8098 (+5.0%)
R/R 1:1.7 • Confidence 64%
The CHoCH broke the last swing high, CVD showed heavy sell volume, a fresh FVG lines up with an OB, and a liquidity sweep hammered the prior swing low – all converging for a short burst. Structure is now a descending channel with the price hunting the next demand pocket.
A 3.0% stop is tight on a volatile asset, so keep leverage around 2‑3x.
Take half off the table once price hits the first fair‑value gap target.
Not financial advice — always manage your own risk 🙏
$PENDLE #PENDLEUSDT #Bitcoin #TradingSignals #Write2Earn