Pendle surges 15% amid strong accumulation, eyes 5 USD breakout

PENDLE has risen 15% since hitting a low of 1.81 USD on March 11, trading within an upward channel and showing bullish signals above the Ichimoku Cloud. The prevailing trend indicates a strong rally in buying momentum.

Currently priced at 4.16 USD, PENDLE faces resistance at 4.48 USD. A successful breakout could lead to 5.10 USD, while profit-taking may cause a pullback to around 3.85 USD.

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