DefiEngineerJack
#比特币对比代币化黄金 ⚡ Current PENDLE trend: Is a short opportunity coming?
Conclusion first: Short-term bearish bias.
Consider entering around the 2.48 to 2.53 range, with a stop loss at 2.58. If you want to take profits in batches, look at these three targets: 2.375, 2.075, and 2.000.
What about technicals? On the 4-hour chart, you’ll see the price structure has weakened. The previous rally attempt failed, and instead, the key support at 2.5240 was broken. That level is now acting as resistance—a classic support-resistance flip.
The breakdown candle closed decisively below 2.5240. This kind of move u
View OriginalConclusion first: Short-term bearish bias.
Consider entering around the 2.48 to 2.53 range, with a stop loss at 2.58. If you want to take profits in batches, look at these three targets: 2.375, 2.075, and 2.000.
What about technicals? On the 4-hour chart, you’ll see the price structure has weakened. The previous rally attempt failed, and instead, the key support at 2.5240 was broken. That level is now acting as resistance—a classic support-resistance flip.
The breakdown candle closed decisively below 2.5240. This kind of move u
