๐ด $PENDLE PRINTS A HEAVY REJECTION AT 2.20 AS SELLER RESISTANCE CAPS MOMENTUM ๐
Entry: 2.16โ2.21 โก
Target: 2.05 ๐ฏ
Stop Loss: 2.263 ๐
Bulls slammed directly into a firm ceiling around 2.20, and sell-side pressure is actively choking off upward momentum. ๐ When bids fail to absorb overhead supply at key levels, price often rotates back to test deeper support.
๐ก Any sustained break above 2.21 flips the bias back to neutral, but right now the path of least resistance tilts downward toward the 2.05 liquidity pool. ๐
๐ฌ Are you shorting this local weakness or betting on buyers to force a breakout?
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #PENDLE #ShortSetup #Altcoins #CryptoTrading
๐ฏ ๐ป
Entry: 2.16โ2.21 โก
Target: 2.05 ๐ฏ
Stop Loss: 2.263 ๐
Bulls slammed directly into a firm ceiling around 2.20, and sell-side pressure is actively choking off upward momentum. ๐ When bids fail to absorb overhead supply at key levels, price often rotates back to test deeper support.
๐ก Any sustained break above 2.21 flips the bias back to neutral, but right now the path of least resistance tilts downward toward the 2.05 liquidity pool. ๐
๐ฌ Are you shorting this local weakness or betting on buyers to force a breakout?
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #PENDLE #ShortSetup #Altcoins #CryptoTrading
๐ฏ ๐ป