๐จ $PENDLE RECOVERY STALLS AT RESISTANCE AS SELLERS LINE UP FOR THE DOWNSIDE! ๐ป
Entry: 2.40 - 2.48 โก
Target: 2.21 ๐
Stop Loss: 2.64 โ ๏ธ
๐ The recent relief bounce on $PENDLE is visibly losing momentum, failing to find aggressive follow-through as overhead supply steps in to block the advance. ๐ Order flow indicates distribution at these upper levels, with buyers struggling to defend higher low structures.
๐ก With exhaust indicators flashing on the lower timeframes, the path of least resistance is tilting back down toward key demand targets. ๐ If bids fail to uphold current levels, momentum can quickly accelerate toward the lower targets. ๐ฌ Are you fading this weak rally, or stepping aside until support is retested? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #PENDLE #ShortSetup #Crypto #Bearish #Trading
๐ ๐ป
Entry: 2.40 - 2.48 โก
Target: 2.21 ๐
Stop Loss: 2.64 โ ๏ธ
๐ The recent relief bounce on $PENDLE is visibly losing momentum, failing to find aggressive follow-through as overhead supply steps in to block the advance. ๐ Order flow indicates distribution at these upper levels, with buyers struggling to defend higher low structures.
๐ก With exhaust indicators flashing on the lower timeframes, the path of least resistance is tilting back down toward key demand targets. ๐ If bids fail to uphold current levels, momentum can quickly accelerate toward the lower targets. ๐ฌ Are you fading this weak rally, or stepping aside until support is retested? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #PENDLE #ShortSetup #Crypto #Bearish #Trading
๐ ๐ป
