$PENDLE **Pendle (PENDLE) Market Outlook – November 2, 2024**

As of today, Pendle (PENDLE) is showing bullish sentiment among traders. With a current price of $4.645, analysts are optimistic about its growth potential. The recent uptick in DeFi activity and increased adoption of yield-bearing tokens are driving interest in Pendle's unique tokenized yield solutions.

Market predictions suggest a target price of $5.50, indicating potential upside for investors. Analysts recommend a buy price around $4.30 to capitalize on this momentum. The overall sentiment, bolstered by positive market trends and community engagement, positions PENDLE favorably for the near term. However, investors should remain cautious and monitor market conditions closely.

In summary, today’s outlook for PENDLE is bullish, with a target price of $5.50 and a suggested buy price of $4.30.
#PENDLEBULLISH #PENDLE🔥🔥 #PENDLEUSDT #PendleDeFi $PENDLE

#PendleDeFi
✅ entry 2. 45 to 2.50
Take profit 2.85 to 2.95

✋ stop loss 2.40

#Write2Earn #TrendingTopic #pendel

Pendle is emerging as the future of DeFi, offering a unique proposition with its fixed-income approach. Its innovation is singular, as it introduces a model that could revolutionize how people earn passive income in cryptocurrencies. With its unique value proposition, it's not hard to imagine Pendle easily reaching the $100 mark during a bull run as more investors recognize its potential and adopt this new way of participating in the decentralized finance market, Pendle also just reached 1.5 billion dollars in the platform.

.#PendleProtocol #PendleDeFi

$PENDLE /USDT (Long)
𝐄𝐧𝐭𝐫𝐲: Market Price
𝐓𝐚𝐤𝐞 𝐏r𝐨𝐟𝐢𝐭 𝐓𝐚𝐫𝐠𝐞𝐭𝐬:
🎯𝐓𝐏 1: $5.60
🎯𝐓𝐏 2: $5.70
🎯𝐓𝐏 3: $5.80
🎯𝐓𝐏 4: $6
🎯𝐓𝐏 5: 🚀

𝐒𝐭𝐨𝐩 𝐋𝐨𝐬𝐬:
Hold
𝐋𝐞𝐯𝐞𝐫𝐚𝐠𝐞
5x
𝐌𝐚𝐫𝐠𝐢𝐧
Use 5% of your wallet

#PENDLEBULLISH #PENDLE🔥🔥 #PendleDeFi #PENDLEUSDT #PENDLE/USDT

#PendleDeFi #PENDLEUSDT
Congratulations Holders..

#HotTrends

Pendle
#PendleDeFi #pendleuadt #PENDLEUSDT

Today I gain good profit from $PENDLE

Thanks for shinning my bag

#PENDLE #pendleupdate #CryptoApril #PendleDeFi

$PENDLE
Chart: D1

Current Market Trend: Bearish
Future Outlook: Bullish

PENDLE/USDT has been experiencing bearish sentiments in the few weeks thereby prompting a closer examination of its potential market dynamics.

TECHNICAL ANALYSIS

Chart Patterns:
1. Gann Fann captures the trend approaching its 1/1 spine at a price of $4.560 but never reached it before making a turn with the bulls.
2. Candle Stick: The current daily candle is a bullish candle that comes after an engulfing candle thereby reinforcing that the bulls are ready to roll!

Indicators
1. An examination of RSI with a length of 5 shows a divergence from the low of May to the low of June.
2. At present, price is above SMA with a period of 15.
3. DMI is yet to confirm if the bulls have enough power to hold the bears at a ransom for a couple of weeks as price is still trading below its benchmark of 40.

Conclusion:
The Gann Fan chart indicates three green lines, each with varying brightness and thickness. The thicker and deeper the line, the safer it is to buy. If I would buy, I would exit at the nearest resistance level on the daily chart.

Kindly support for more detailed and in-depth analysis.

#PENDLEBULLISH
#PendleDeFi
#PendlePower
#usdtstory

$PENDLE /USDT (SHORT)
𝐄𝐧𝐭𝐫𝐲: Market Price
𝐓𝐚𝐤𝐞 𝐏r𝐨𝐟𝐢𝐭 𝐓𝐚𝐫𝐠𝐞𝐭𝐬 🎯:
𝐓𝐏 𝟏: $4.32
𝐓𝐏 𝟐: $4.20
𝐓𝐏 𝟑: $4.10
𝐓𝐏 𝟒: $4
𝐓𝐏 𝟓: 🚀

𝐒𝐭𝐨𝐩 𝐋𝐨𝐬𝐬:
$4.6
𝐋𝐞𝐯𝐞𝐫𝐚𝐠𝐞
10x
𝐌𝐚𝐫𝐠𝐢𝐧
Use 5% margin

If you like our trades then drop a ❤️ in Comment 🤪

#PendlePower #PENDLE🔥🔥 #PendleDeFi #PENDLE/USDT

Pendle, next target $7.50?

In the midst of this pullback, it's crucial to pinpoint the potential of Pendle. After meticulous analysis, it's evident that Pendle could reach a price zenith between $2.30-$2.40. However, this is not the peak of its journey. Prepare for a compelling reversal in the upcoming weeks that could shatter previous highs, potentially soaring to the $7 mark.

Why is this significant? History and patterns in the market have taught us the resilience and explosive potential of assets like Pendle. This isn't just about short-term gains; it's about recognizing the signs of a monumental shift.

The current pullback is a golden opportunity, a window to strategize before the impending surge. Embrace this moment to position yourself advantageously. As Pendle navigates through this phase, the savvy observer will see beyond the immediate horizon.

Let's not overlook the fundamentals and the transformative potential behind Pendle. This is a moment ripe with opportunity, beckoning those ready to seize it. The ascent to $7 is not just a possibility but a plausible trajectory in the making. #PendleDeFi

Some Facts about Pendle coin 🪙🪙

- Pendle is a permissionless yield-trading protocol.👀

- It raised $3.7 million in a seed round in April 2021, at 14.9% of the total supply with a FDV at $35 million.⬆️⬆️

- The total supply of PENDLE is 251 million PENDLE and the circulating supply is ~140 million (~56% of the total token supply).🔜

- Investors include Mechanism Capital, (link unavailable) Capital, Hashkey Capital, CMS Holdings, DeFi Alliance, Lemniscap and more.

Pendle (PENDLE) price for each month since it was launched ¹:

- 2021: $0.4135 (start) to $0.2426 (end)⬇️

- 2022: $0.2652 (start) to $0.0453 (end)⬇️

- 2023: $0.0460 (start) to $1.19 (end)⬆️⬆️

- 2024: $1.26 (start) to $4.54 (end)🚀🚀

The highest price was $7.12 in April 2024.😴

Share youre comments and trading experience of Pendle coin in comments below to Help the Crypto community through yours experience..? is pendle profitable coin ???

#PENDLE🔥🔥 #PendleDeFi #MicroStrategy #buythedip $PENDLE $BTC

Trader who made $18M with altcoin investment deposits funds in Binance. 🔥

In the fast-paced world of cryptocurrency, success stories often emerge from unexpected corners. Recently, headlines were ablaze with the news of a trader who raked in a staggering $18 million profit through an altcoin investment on Binance. Let's dive into the details of this remarkable feat.

The trader's journey to fortune began with a strategic move into the world of decentralized finance (DeFi), specifically through the platform Pendle Finance. Here, they seized the opportunity to invest in PENDLE tokens, known for their potential for high returns.

Their initial investment was bold: depositing 1.2 million PENDLE tokens valued at $6.74 million into their Binance account, while retaining an additional $12.3 million worth of PENDLE tokens in their wallet. This move set the stage for what would become a lucrative venture.

Pendle Finance, with approximately $4.12 billion in assets, offers users a playground for developing various yield management strategies within its trading protocol. Armed with this platform, our trader embarked on a journey marked by careful planning and calculated risk-taking.

Between February 9 and April 22, 2023, the trader acquired 3.21 million PENDLE tokens for $869,757 USDC, at $0.27 per token. On April 27, they withdrew 111,055 PENDLE tokens from Gate.io exchange at $0.49 each, marking the turning point in their success.

The trader's strategic moves led to an $18 million profit, showcasing altcoin investment potential. This success emphasizes timing and strategic decisions in crypto trading. It also highlights opportunities in decentralized finance, like Pendle Finance. It's both inspiring and cautionary, showing the need for foresight, courage, and planning in crypto investments.

#PendleFinance #Pendle #trader #PendleDeFi #Megadrop

🎗️Trader who made $18M with altcoin investment deposits funds in Binance. 🎗️

In the fast-paced world of cryptocurrency, success stories often emerge from unexpected corners. Recently, headlines were ablaze with the news of a trader who raked in a staggering $18 million profit through an altcoin investment on Binance. Let's dive into the details of this remarkable feat.🍁

The trader's journey to fortune began with a strategic move into the world of decentralized finance (DeFi), specifically through the platform Pendle Finance. Here, they seized the opportunity to invest in PENDLE tokens, known for their potential for high returns.👇

Their initial investment was bold: depositing 1.2 million PENDLE tokens valued at $6.74 million into their Binance account, while retaining an additional $12.3 million worth of PENDLE tokens in their wallet. This move set the stage for what would become a lucrative venture.💦

Pendle Finance, with approximately $4.12 billion in assets, offers users a playground for developing various yield management strategies within its trading protocol. Armed with this platform, our trader embarked on a journey marked by careful planning and calculated risk-taking.🧭

Between February 9 and April 22, 2023, the trader acquired 3.21 million PENDLE tokens for $869,757 USDC, at $0.27 per token. On April 27, they withdrew 111,055 PENDLE tokens from Gate.io exchange at $0.49 each, marking the turning point in their success.🔻

The trader's strategic moves led to an $18 million profit, showcasing altcoin investment potential.
This success emphasizes timing and strategic decisions in crypto trading. 📊

It also highlights opportunities in decentralized finance, like Pendle Finance. It's both inspiring and cautionary, showing the need for foresight, courage, and planning in crypto investments.💸

Follow Me More ❤️

#PendleFinance #Pendle #trader #PendleDeFi #Megadrop

$PENDLE Chart Heating Up 🚀

Following a solid +30% move, showing signs of a potential trend reversal!
The weekly bounce from $2.7 has sparked fresh buying interest, with bulls eyeing the next resistance at $4.00.

Support: $3.00
Resistance: $4.00 & $6.9 (ATH)

If momentum holds, we could see a strong breakout, targeting previous highs! This chart's setup is getting spicy

#PENDLEUSDT #PENDLE🔥🔥 #PendleDeFi #BinanceSquareFamily