$PENDLE Today, **Pendle (PENDLE)** shows promising signs with bullish potential as it rides an upward momentum in DeFi. Recently, Pendle’s yield tokenization model has attracted attention, and the platform has seen increasing adoption, particularly as more investors look for ways to capitalize on DeFi yields. Pendle's trading volume and consistent community support are positive indicators that hint at potential further gains. For **November 1, 2024**, we estimate a **target price** of **$5.20** with a **buy price** recommendation around **$4.80** if the current market sentiment holds steady. However, be mindful of market volatility and adjust strategies accordingly to protect gains.

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