$PENDLE Pendle (PENDLE) has been showing positive momentum lately, fueled by its unique yield tokenization model that appeals to both DeFi enthusiasts and institutional investors. This could lead to increased adoption and potential growth in the long run. However, it's essential to be cautious as any significant market correction could affect its price movement. The current price of Pendle is around $5.11, and considering its strong fundamentals and recent developments, the sentiment remains bullish for the short term.

**Bullish or Bearish:** Bullish.

**Target Price:** $5.50 - $6.00

**Buy Price:** $5.00 - $5.10

**Correct Price:** $5.11 (current market level)

Given its strong technical indicators and the project's growth prospects, Pendle is likely to perform well, with a reasonable upside in the next few weeks. Watch for any breakout above the $5.50 mark for more confirmation of a bullish trend.$PENDLE