$PENDLE is a protocol operating on Ethereum, Arbitrum, Binance Smart Chain, and Optimism, providing a market for the yields of supported yield-bearing tokens.
Currently, keep an eye on $PENDLE as it approaches a potential bounce at the 50-day Simple Moving Average (SMA) around $5.50.
If Bitcoin experiences another dip, I’ll be looking for entry points at approximately $4.90 and finally around $3.90.
All of this is within the context of a Dollar-Cost Averaging (DCA) strategy for a long-term hold.
