Sharp DUMP for $PENDLE !
$PENDLE has just taken a major hit, dropping from 5.27 USDT to 4.89 USDT, a 7.21% drop in no time!
What Happened?
Quick Decline: In a short period, $PENDLE lost 0.38 USDT, signaling a strong wave of selling.
Massive Sell-Off: Traders might be rushing to exit their positions, putting intense pressure on the price.
Why the Drop?
Profit-Taking: Investors may be cashing in on previous gains, leading to a price dip.
Market Shake-Up: There could be a broader market shift that triggered this sell-off.
What’s Next for PENDLE?
Support Zone: The 4.89 USDT level is critical now. If it holds, there might be a potential rebound.
Eyes on the Charts: Watch for signs of stabilization if the selling eases up, PENDLE could start recovering.
PENDLE is feeling the pressure! Will this dip turn into a chance for a bounce-back, or is the downtrend just beginning? Stay alert and keep an eye on the market!
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