$PENDLE coin has recently faced significant bearish pressure with its price dropping by over 9% today to approximately $1.72 to $1.89. Recent developments include a major institutional sell off and the launch.

$PENDLE is experiencing a significant downturn trading well below its key moving averages indicating persistent bearish momentum across all major time frames.

Most technical indicators currently show a strong sell signal with the asset in oversold territory. However some analysts believe the current oversold condition could lead to an eventual technical rebound.

Current Price $1.76 $1.89

24h Change 6.81% to 9.85%

7d Change 12.50% to 14.35%

24h Trading Volume $43M to $58M $PENDLE

All Time High $7.53 #PENDLE #WriteToEarnUpgrade

PENDLE

1.686

-7.96%