PENDLE held the line… but it's breathing with effort.
📉 Recent drop dragged it to $3.10, and now it’s trying to bounce.
Today? A weak breath, no real strength. RSI still under 45.
• DeFi isn’t hot right now — ignored short term
• Pendle keeps building, but no fresh narrative in play
• Low volume = low attention = stealth accumulation?
Quiet feed ≠ weak project.
But charts don’t lie — structure is king.
💹 Daily Chart – PENDLE/USDT
• Current price: $3.39
• RSI(6): 42.83 → neutral, no exhaustion entry
• Volume: low — no buying pressure
• EMAs:
EMA7: $3.45 (price below)
EMA25: $3.65
EMA99: $3.68
🔻 All key EMAs above price = bearish pressure remains
⚠️ Tried to climb, but lost momentum before even touching EMA25
🟢 So… is this a DCA moment?
❌ Not a confirmed bottom
❌ No volume to drive a real reversal
✅ But it also hasn’t lost $3.10, a key support
💸 DCA now only if you’ve got cold blood and mid-term conviction.
This isn’t excitement territory — it’s emotional endurance zone.
☑️ $3.10 support held
☑️ RSI doesn’t show exhaustion
(All EMAs still acting as resistance)
Rejection near EMA7 signals weakness
⏳ Best entry would come with strong candle + above-average volume
For structure-based traders, this is mid-field:
🚪 Could be an entry...
⛔️ Could be a trap.
📎 This isn’t a signal — it’s a clean screen read.
The market’s silent. Don’t let your entry be blind.
