Pende price is withdrawn again after running to this familiar wall from $ 3.00 to $ 3.20, a resistance area that cannot be clear. She has been trying to push her since March, but every time she was returned. Traders are still watching to see if the overall upward trend, with its lowest fixed levels, can survive.
At the present time, the price decreased to about $ 2.75, indicating some weakness after the last attempt. Its size also decreases by about 30 %, which hints that momentum may start. Whether buyers are retreating soon, they can decide where things are going after.
Pende Technical Points to support the re -test and potential height
The graph data shows that Pendle PRICE has been rejected again in a $ 3.00 to $ 3.20, a resistance area that has been struggling with it since March. Shortly after pressure in this range, the price decline, while maintaining the collapse at the present time. This level continues to work as a major barrier, and unless it is erased by condemnation, the upscale momentum may remain limited.
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Promotion of Amcryptoalex referred to the fixed configuration of the upper decreases and noted that a 12 -hour closure is needed over $ 3.20 to confirm the upscale collapse. Until this happens, the region remains 3.00 dollars a major roof. If the price continues to slip, traders are likely to convert their focus into the rising trend line near $ 2.80, which is the level that has been supported since March.
Davi’s feelings differ as Pende Earth carries
While Defi symbols are broader faces, Pendle continues to excel. Crypto Jackchai researcher indicated that Pendle closed the week in green, unlike the losses consisting of two high -slope numbers across most of the sector. This external performance sparked a conversation about the role of the distinctive symbol amid the narration of the market.
Both Defi bleed. So it is my pure wealth.
but $ Pendle Pendle_fi The week was closed in green, while the rest of the main symbols of Defi published losses (some of them are more than 25 % 🤡)Market morale is still fragile as liquidity and narrative benefit alike. Do we enter Defi … pic.twitter.com/vbvqzo03os
– Knochai (@changchai0922) April 8, 2025
In addition to this feeling, the participation of Crypto experts on X that “$ Pendle provides my wallet individually again,” noting the relatively low evaluation of the FDV of $ 800 million. Tweets indicate that merchants have begun to reassess the strength and the relative position of the distinctive symbol.
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$ Pendle Save my wallet again
Imagine what will happen in the decline?
FDV is only 800 million dollars, and this is the real pic.twitter.com/ykfr7tczes
– End 🏁 (@0xfinish) April 8, 2025
Besides short -term movements, the PENDLE product in Defi continues to draw positive attention. Analyst 18 Decimals described the protocol as a strong suitability for the current session, indicating its ability to enhance the current Defi protocols and the distinctive symbol. The tweets indicated the intense Penle capabilities and the clarity of the task as factories that support constant attention.
In DEFI space, $ Pendle It is what I will consider an ideal application for this course.
The ability to enhance projects already established with the compatibility of the crossed chain.
A clear and innovative task and control its corner of the market; Distinguished return.
18 Masih (@18 decimals) April 8, 2025
Bandal alignment with both DEFI and the real world -class novels may help explain its deviation from the weakness of the broader market. Since the distinctive symbol is re -testing a historically disputed area, technician traders and their long -term holders monitor the next decisive step.
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