$PENDLE / USDT — CRITICAL ZONE ALERT
Price is bleeding but this is where decisions are made ⏳
Current Price: 1.722 USDT (-8.7%)
📉 What’s happening?
Strong sell-off from 1.92 → 1.71
Price trading below MA7 (1.724), MA25 (1.746), MA99 (1.813) → bearish control
A sharp liquidation wick at 1.716 shows panic selling + stop hunts
Volume spike on the dump = weak hands flushed
🧠 Market Insight:
This isn’t random selling — it’s a capitulation move. Smart money often watches these zones closely.
🎯 Key Levels to Watch:
Support: 1.71 – 1.70 (make-or-break)
Resistance: 1.75 → 1.80
Bullish trigger: Reclaim & hold above 1.75
Bear continuation: Clean break below 1.70
⚡ Scenarios:
Hold 1.71 → Relief bounce toward 1.78–1.80
Lose 1.70 → Next flush likely, no mercy
Market is tense. Volatility is loaded.
Next candles will decide if this is a dead cat… or a violent reversal. 👀🔥
Trade sharp. Risk tight.
