🌀 $PENDLE – Cooling Off Before the Next Move?
$PENDLE is consolidating around $4.10 after a July peak near $4.72.
📉 RSI ~32 = Oversold
💤 MACD still bearish – no strong momentum yet.
🔑 Key Levels:
📍Support: $4.18–$4.20
📍Resistance: $4.23 → $4.40 (breakout watch)
📊 Long-Term Power:
TVL hits ATH: $7.02B in July
🔧 Big launches coming: HyperEVM, Boros, Converge
🔁 Yield tokenization = real DeFi use case
👀 If bulls defend $4.18 and flip $4.30+, uptrend resumes.
Still early. Still building. Still DeFi’s dark horse. 🧙♂️