💎 $PENDLE / USDT | Stability Forming Above Key Support
$PENDLE is showing signs of stabilization after the recent market-wide pullback. Price action has carved out a solid short-term base in the $2.05 – $2.08 demand zone. We are seeing a gradual return of buyer interest at these levels, suggesting that the correction is cooling off.
As long as the price maintains its footing above this support, the structural bias remains bullish for a steady continuation toward previous range highs.
📈 Trade Strategy
Direction: Long (Buy)
Entry Zone: 2.05 – 2.10
Stop-Loss: 1.98 (Protection below the psychological $2.00 level)
🎯 Take Profit Targets
Target 1: 2.18
Target 2: 2.30
🔍 Market Analysis & Bias
The current consolidation is a healthy sign of accumulation. With high-profile backing (including recent accumulation by figures like Arthur Hayes) and the upcoming Boros upgrade in Q1 2026, the long-term fundamentals for $PENDLE remain robust.
💡 Technical Insight: The 4H chart shows buyers are successfully defending the $2.05 level, turning prior resistance into a reliable launchpad. A break above $2.12 with volume would confirm the next bullish leg.
Nabiha Noor
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