$PENDLE /USDT is showing a weak momentum beacuse selling pressure is starting– Short Setup 📉
Entry Zone: 1.45 – 1.48
Stop Loss: 1.56
Take Profits:
TP1: 1.40
TP2: 1.35
TP3: 1.30
TP4: 1.25
Trade here 👇 $PENDLE
PENDLEUSDT
Perp
1.5759
+17.32%
Analysis:
Price has made a strong upward move and is now struggling near the 1.48 resistance zone (near 24h high). Momentum is slowing with signs of rejection, suggesting possible profit-taking. A breakdown below 1.45 can trigger a corrective move downward.