$PENDLE
is trading at $5.575, holding firm within the DeFi sector as adoption of yield tokenization continues to grow.
đ» Support Levels:
$5.30 â Strong support zone with consistent buyer defense
$5.00 â Key psychological & technical level if breakdown occurs
đș Resistance Levels:
$5.80 â Immediate barrier where rallies have faced selling pressure
$6.20 â Next upside target if breakout holds
âïž Outlook:
Sustained buying above $5.80 may fuel bullish continuation
A close below $5.30 could weaken sentiment and retest $5.00
As long as $PENDLE stays above its key supports, the broader outlook remains constructive.