PENDLE’s recent moves might look like chaos — but under the surface, it’s a textbook example of accumulation through volatility.

What’s going on?

  • Sharp bounce from $3.76

  • Fake breakout above $4.35, followed by a flush and quick recovery

  • Sideways consolidation in the $4.15–$4.30 zone

  • MACD flipping green, Bollinger Bands widening — strength is building

This is not just a rollercoaster.

It’s rocket fuel loading up.
Price is testing liquidity, flushing weak hands — and if it holds above $4.35, it could trigger a strong leg up.

📌 If $4.20 holds — this setup remains valid, and partial entries look reasonable.
🔻 If it breaks below $4.05 — better to step back and wait for a cleaner entry.


Conclusion:
This isn’t noise — it’s controlled volatility with purpose. If bulls take control, next stop could be $4.70–$5.00.


Disclaimer: Not financial advice. Always DYOR and manage your risk accordingly.

$PENDLE #Altcoin #TradingSignals