đ BUY ALERT $PENDLE USDT Downtrend Intact, Bounce Off Fresh Lows Testing Resistance
PENDLE has been a persistent bleeder a clean sequence of lower highs and lower lows from a 1.65 top all the way down to a fresh low of 1.282. But the most recent candles show a sharp bounce off that low, up +4.25% on the day, reclaiming the 1.348 pivot in one decisive push. This is the first real counter-move in a while, and it's landing right at a level that's acted as both support and resistance during the decline the classic test of whether a downtrend bounce has legs or gets sold right back into the trend.
Pair: $PENDLE /USDT
Direction: SHORT
Leverage: 5x
Entry Zone: 1.340 â 1.365
Take Profit Targets:
- TP1: 1.290 +18.6%
- TP2: 1.250 +37.2%
- TP3: 1.200 +55.8%
Stop Loss: 1.400
$PENDLE
PENDLE has been a persistent bleeder a clean sequence of lower highs and lower lows from a 1.65 top all the way down to a fresh low of 1.282. But the most recent candles show a sharp bounce off that low, up +4.25% on the day, reclaiming the 1.348 pivot in one decisive push. This is the first real counter-move in a while, and it's landing right at a level that's acted as both support and resistance during the decline the classic test of whether a downtrend bounce has legs or gets sold right back into the trend.
Pair: $PENDLE /USDT
Direction: SHORT
Leverage: 5x
Entry Zone: 1.340 â 1.365
Take Profit Targets:
- TP1: 1.290 +18.6%
- TP2: 1.250 +37.2%
- TP3: 1.200 +55.8%
Stop Loss: 1.400
$PENDLE