🔴 $PENDLE PRINTS A HEAVY REJECTION AT 2.20 AS SELLER RESISTANCE CAPS MOMENTUM 📉
Entry: 2.16–2.21 ⚡
Target: 2.05 🎯
Stop Loss: 2.263 🛑
Bulls slammed directly into a firm ceiling around 2.20, and sell-side pressure is actively choking off upward momentum. 📊 When bids fail to absorb overhead supply at key levels, price often rotates back to test deeper support.
💡 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. 🌊
💬 Are you shorting this local weakness or betting on buyers to force a breakout?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #PENDLE #ShortSetup #Altcoins #CryptoTrading
🎯 🐻
Entry: 2.16–2.21 ⚡
Target: 2.05 🎯
Stop Loss: 2.263 🛑
Bulls slammed directly into a firm ceiling around 2.20, and sell-side pressure is actively choking off upward momentum. 📊 When bids fail to absorb overhead supply at key levels, price often rotates back to test deeper support.
💡 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. 🌊
💬 Are you shorting this local weakness or betting on buyers to force a breakout?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #PENDLE #ShortSetup #Altcoins #CryptoTrading
🎯 🐻