#MarketRebound
📊 Trade Setup: Pendle ($PENDLE /USDT)
PENDLE is currently exhibiting a "Lower High" on the hourly timeframe after rejecting the $2.32 zone. While the long-term institutional interest from Grayscale remains bullish, the short-term technicals suggest a mean reversion move toward the $2.06 demand zone is necessary to reset the RSI.
Trade Type: Sell 🚨🔴
Leverage: 20x
Entry Zone: Current Market Execution
Exit Strategy:🎯
✅ TP 1: $2.15
✅ TP 2: $2.11
✅ TP 3: $2.06
👉Pro Tip: Secure 40% of your profits at TP1. At 20x leverage, reaching $2.15 is a quick win. Move your Stop Loss to entry as soon as the price breaks below $2.14 to ensure a risk-free trade.
#PENDLE #bearishmomentum #StrategyBTCPurchase
PENDLEUSDT
دائم
1.9054
-4.04%
🚨🎯