$PENDLE Pendle (PENDLE) appears to be showing some resilience in the market today, but with some underlying volatility. Given the recent price of $5.75, there’s a balance between optimistic support and resistance levels, making it essential to stay cautious in the short term.

**Analysis:**

PENDLE has been fluctuating, with some upward momentum fueled by interest in DeFi tokenization. However, the lack of significant news or catalyst suggests that the market is still cautious. The support level is around $5.50, with resistance near $6.00.

**Bullish Case:**

A breakout above $6.00 could signal further gains toward $7.00, while any positive development in the DeFi sector might provide additional tailwinds.

**Bearish Case:**

A drop below $5.50 would indicate a potential downturn, with the next support near $5.00.

**Target Price:** $6.00

**Buy Price:** $5.50

**Sell Price:** $6.20

Stay updated with market trends to navigate Pendle’s price movements carefully.$PENDLE