๐ด $PENDLE APPROACHING HEAVY OVERHEAD RESISTANCE ZONE AS SELLERS PREPARE FOR REJECTION! ๐
Entry: 2.125 - 2.150 โก
Target: 2.000 / 1.850 / 1.650 ๐ฏ
Stop Loss: 2.220 โ ๏ธ
๐ Smart money is steering $PENDLE directly into an established overhead supply block following a swift bullish expansion. While momentum appeared aggressive, price action is testing key structural levels where institutional sell orders are stacked to absorb buying volume. ๐
๐ Looking for a liquidity sweep into resistance followed by seller distribution. A confirmed bearish pivot off this level opens a clean path lower toward key discount targets, while risk remains tight above structural invalidation. ๐ฌ Are you waiting for structural confirmation on the lower timeframes, or setting limit orders at resistance? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #PENDLE #ShortSetup #Crypto #MarketStructure #Trading
๐ ๐ฆ
Entry: 2.125 - 2.150 โก
Target: 2.000 / 1.850 / 1.650 ๐ฏ
Stop Loss: 2.220 โ ๏ธ
๐ Smart money is steering $PENDLE directly into an established overhead supply block following a swift bullish expansion. While momentum appeared aggressive, price action is testing key structural levels where institutional sell orders are stacked to absorb buying volume. ๐
๐ Looking for a liquidity sweep into resistance followed by seller distribution. A confirmed bearish pivot off this level opens a clean path lower toward key discount targets, while risk remains tight above structural invalidation. ๐ฌ Are you waiting for structural confirmation on the lower timeframes, or setting limit orders at resistance? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #PENDLE #ShortSetup #Crypto #MarketStructure #Trading
๐ ๐ฆ
