Price is continuing to trend lower with weak structure and no strong buying response after the breakdown. $PENDLE lost its previous support and the current consolidation looks corrective, suggesting sellers are still in control and downside continuation remains likely while below resistance.
Entry:
1.70 – 1.75
Stop Loss:
1.85
TP1:
1.62
TP2:
1.54
PENDLEUSDT
Prep
1.7174
-8.55%