Pendle continues to attract sophisticated traders betting on yield volatility.
What's Happening:
$PENDLE holding the psychological $2.00 mark.
New pools continuing to launch, keeping TGE volume high.
Use case as "interest rate swaps for crypto" is unique and valuable.
Resilience today shows strong holder base.
Why It Matters: Pendle offers a product no one else does well. Being unique is a moat.
Technical View: $2.00 is huge. If it holds, $2.20 is next. Breakdown sends us to $1.80.
🎯 Key Levels:
Support: $1.90 | Resistance: $2.15
24h Range: $1.98 - $2.05
💡 Yield is the new price action.
What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇
#PENDLE #DeFi #YieldTrading #Crypto #RWA
Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always do your own research (DYOR) before making any investment decisions.
