🚀 $PENDLE /USDT: DeFi Powerhouse Surges +5.13%

Yield Protocol Showing Strong Momentum – More Upside Ahead?

📊 LIVE PRICE: $4.531 (Up 5.13% Today)

📈 24H RANGE: $4.310 – $4.658

💰 VOLUME: 5.32M PENDLE ($23.87M)

🔍 TECHNICAL OVERVIEW

Bullish Indicators:

MACD: Positive crossover with widening histogram

RSI: 64 – Bullish but not overbought

Price Above All Major Moving Averages: 7/25/99 EMA

Key Levels:

Support: $4.45 and $4.31

Resistance: $4.66 and $5.00 (Breakout Level)

🎯 TRADE SETUPS

1. Momentum Continuation

Entry: $4.50 – $4.55

Targets: $4.80 → $5.00

Stop-Loss: $4.35

2. Pullback Opportunity

Buy Zone: $4.35 – $4.45

Same Targets: $4.80 → $5.00

Stop-Loss: $4.25

3. Long-Term Accumulation

TVL (Total Value Locked) is increasing rapidly

Growing institutional interest and backing from Binance

Targeting $6.00+ in the next DeFi expansion phase

📌 FUNDAMENTAL EDGE

Leading protocol for yield trading and tokenized yield markets

High liquidity and increasing user adoption

Solid support from top-tier exchanges and protocols

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$ETH

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