$PENDLE trades at $1.85.
What's Happening:
PENDLE corrects 4.2% to $1.85.
Yield markets see lower volatility, reducing demand for PT/YT trading.
Protocol expansion to other chains (BTC L2s) is the next growth catalyst.
Why It Matters:
Pendle introduced "fixed income" to crypto. As institutions enter, this becomes the most important primitive. Short-term dip, long-term infrastructure.
Technical View:
$1.85 is challenging $1.80 Support. A clean break opens door to $1.60. Support at $1.80. Trend is Neutral-Bearish.
🎯 Key Levels:
Support: $1.80 | Resistance: $2.00
24h Range: $1.82 - $1.92
💡 "Volatility is an asset class if you know how to trade it."
What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇
#Pendle #DeFi #Yield #CryptoTrading #RealYield
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.
