$PENDLE facing a heavy rejection after failing to hold above the 2.00 zone, with strong selling pressure entering the market and momentum turning weak very quickly. Structure now looks bearish and a deeper pullback could follow if buyers fail to reclaim resistance.

Trade Setup (Short): Entry Zone: 1.87 – 1.92

🎯 1.80

🎯 1.72

🎯 1.63

Stop Loss: 2.02