PendleWatch

PENDLE held the line… but it's breathing with effort.
📉 Recent drop dragged it to $3.10, and now it’s trying to bounce.
Today? A weak breath, no real strength. RSI still under 45.
• DeFi isn’t hot right now — ignored short term
• Pendle keeps building, but no fresh narrative in play
• Low volume = low attention = stealth accumulation?

Quiet feed ≠ weak project.
But charts don’t lie — structure is king.

💹 Daily Chart – PENDLE/USDT
• Current price: $3.39
• RSI(6): 42.83 → neutral, no exhaustion entry
• Volume: low — no buying pressure
• EMAs:

EMA7: $3.45 (price below)

EMA25: $3.65

EMA99: $3.68

🔻 All key EMAs above price = bearish pressure remains
⚠️ Tried to climb, but lost momentum before even touching EMA25

🟢 So… is this a DCA moment?
❌ Not a confirmed bottom

❌ No volume to drive a real reversal

✅ But it also hasn’t lost $3.10, a key support

💸 DCA now only if you’ve got cold blood and mid-term conviction.
This isn’t excitement territory — it’s emotional endurance zone.

☑️ $3.10 support held
☑️ RSI doesn’t show exhaustion
(All EMAs still acting as resistance)
Rejection near EMA7 signals weakness
⏳ Best entry would come with strong candle + above-average volume

For structure-based traders, this is mid-field:
🚪 Could be an entry...
⛔️ Could be a trap.

📎 This isn’t a signal — it’s a clean screen read.
The market’s silent. Don’t let your entry be blind.

$PENDLE

#Write2Earn
#PendleWatch
#DeFiUnderRadar
#CleanChartRead
#BuyTheDip

PENDLE is holding on by a thread... but is struggling to breathe.
📉 Recent drop pulled it down to $3.10, and now it's trying to recover.
Today? A slight breath, but without strength. RSI still below 45.
📏 The market is testing patience — not hope.
• DeFi remains discredited in the short term
• Pendle continues delivering, but without a hot narrative at the moment
• Low volume = low attention = camouflaged entry?

Silence in the feed ≠ weakness in the asset.
But a chart is a chart. And it demands structure.

💹 Daily Chart – PENDLE/USDT
• Current price: $3.39
• RSI(6): 42.83 → neutral zone, no entry due to exhaustion
• Volume: low — no buying traction
• EMAs:

EMA7: $3.45 (above the price)

EMA25: $3.65

EMA99: $3.68

🔻 All moving averages above the current price = selling pressure remains present
⚠️ Tried to rise, but lost strength even before touching EMA25

🟢 And the DCA, does it fit in?

No confirmed bottom

No volume to pull a real reversal

But it also hasn't lost $3.10, which is clear support

💸 DCA now only if done with cold blood and a medium-term view.
Not a point of excitement. It's a point of emotional testing.

☑️ Support at $3.10 has held
☑️ RSI does not show exhaustion
⚠️ All EMAs still act as resistance
🧯 Rejection near EMA7 shows weakness
⏳ A better entry would come with a strong candle + volume above average

PENDLE is not dead. But it also doesn't want to rush.
For those who trade structure, this is the middle of the road:
🚪 It could become an entry...
⛔️ It could become a stop.

$PENDLE
#Write2Earn
#PendleWatch
#DeFiSemHype
#LeituraDeTela
#BuyTheDip