$PENDLE — Short-selling setup
Entry: 2.04–2.05
Stop loss: 2.10
Take profit 1: 1.99
Take profit 2: 1.93
PENDLE is testing resistance, and momentum has just turned bearish—if sellers begin to ramp up the pressure after this rejection, we may see downside pressure build again. We’re watching to see whether the area holds or breaks down and the move continues. The setup appears to point to price moving lower from here.
Trade here $PENDLE
Entry: 2.04–2.05
Stop loss: 2.10
Take profit 1: 1.99
Take profit 2: 1.93
PENDLE is testing resistance, and momentum has just turned bearish—if sellers begin to ramp up the pressure after this rejection, we may see downside pressure build again. We’re watching to see whether the area holds or breaks down and the move continues. The setup appears to point to price moving lower from here.
Trade here $PENDLE