🔴 $PENDLE — Heavy Long Liquidation

🚨 $4.6K longs erased near the highs.

Liquidation Price: $1.98221

Clear sign of distribution.

📉 Market Read:

Failed breakout → sellers in control.

Trade Plan:

🔹 Entry: $1.97 – $1.99

🎯 TP1: $1.90

🎯 TP2: $1.82 (major support)

🛑 Stop-Loss: $2.05

💡 Acceptance below $1.90 = deeper pullback.