🚀 $PENDLE /$USDC Analysis and Forecast After Confident Growth
*Current Data on Binance | May 16, 2025*
**Current Price:** $4.261 **(+11% in 24h | +13% in a week | +40% in a month)**
**All-Time High:** $7.51 (April 2024)
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### 🔥 **3 Growth Drivers of PENDLE**
✅ **DeFi 2.0 Explosion**: TVL growth in Pendle protocols to $3.5B (+210% in a quarter)
✅ **Partnership with Lido**: Launch of yield strategies for stETH
✅ **Technical Breakout**: Overcoming the key level of $4.00 after 8 months of consolidation
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### 📊 **Technical Analysis (PENDLE/USDT)**
**▶️ Critical Levels:**
- 🟢 **Support:** $4.00 (psychological level) → $3.80 (EMA-50)
- 🔴 **Resistance:** $4.50 (liquidation zone) → $5.20 (June 2024 high)
**📈 Indicators:**
• RSI (4H): 63 (room for growth)
• Volumes: $85M in 24h (+180% to average)
• Open Interest: $120M in futures (▲35%)
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### ⚡ **Trading Scenarios**
1️⃣ **Optimistic:** Breakout at $4.50 → test $5.20-$5.80 (▲36%)
2️⃣ **Conservative:** Correction to $3.90 before a new impulse
3️⃣ **Neutral:** Range $4.10-$4.40
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### 🌍 **Fundamental Factors**
- 💰 May 18 – Launch of Pendle V3 with cross-chain yield aggregation
- 🔥 Token burning: 2% of protocol fees
- 📊 62% of PENDLE in staking (APY 14.8%)