$PENDLE Falls into Shadows… $PENDLE is showing strong bearish momentum on the 4-hour chart, breaking support and forming lower highs and lower lows. The price is currently struggling around $3.97, having previously dipped below $4.32. Short Entry Zone: $3.97-$4.05 Stop Loss: $4.15 Target 1: $3.78 Target 2: $3.60 Target 3: $3.42 (Final Target) Selling pressure is taking hold as bulls fail to hold the key area. Watch for a weak bounce off $4.00 to safely enter a short position. Risk Level: Medium Trend: Bearish Continuation Strategy: Enter on minor pullbacks, with a trailing stop after TP1
PENDLE
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