Pendle price prediction: More downside ahead? PENDLE drops 9.4%

Traders Union
All News
Crypto
Pendle slides 9.40% to $1.726 today

Highlights

PENDLE trades at $1.726, significantly below MA-20 ($2.1797), MA-50 ($2.3931), and MA-200 ($3.8195), confirming persistent bearish pressure across all timeframes.
Daily technical indicators show strong downward momentum, with the MACD, ADX, and negative BBP (–0.0849) aligning with a sharp 9.40% price drop today and closing near the session low ($1.723).
Expected price range for the next five trading days is $1.60 to $1.90, with a probability of price increase below 20%, as sellers maintain control.

Persistent selling pressure as technical signals confirm oversold conditions

PENDLE continues to face strong bearish technical signals, with price action consistently below MA-20 ($2.1797), MA-50 ($2.3931), and MA-200 ($3.8195). The nearest resistance is defined by the daily Ichimoku Kijun level at $2.3075, while support is seen just below the current session low. Bearish momentum is reinforced by negative readings from MACD and ADX, and all key oscillators — including RSI (32.66), CCI (–94.12), and Stoch RSI — indicate the asset remains in oversold territory. A negative BBP (–0.0849) confirms sellers' dominance, with intraday price action holding near session lows after significant downward movement.

Limited rebound prospects as volatility and downside risk dominate outlook

Over the next five trading days, PENDLE is expected to fluctuate within a volatility band of $1.60 to $1.90. The likelihood of a price increase remains below 20%, as persistent negative signals and high volatility make sideways or lower price action more probable. A break above $1.90 could open the way to $2.00–$2.10, but a move below $1.60 would expose further downside risk, as sellers continue to control the short-term trend.

Viktoras Karapetjanc, expert at Traders Union, sees persistent bearish momentum in PENDLE, but believes that the current oversold sentiment could allow for an eventual technical rebound. He notes that even in the absence of fundamental news, high volatility offers tactical opportunities for attentive traders. Downside risk remains, yet strong optimism for structural recovery persists if resistance levels are tested. "If buyers can push PENDLE above $1.90, I expect renewed momentum and a potential move toward the $2.10 area."

Previously it was reported that Pendle (PENDLE) remains in a pronounced downtrend, trading well below its key moving averages and facing persistent bearish momentum, with strong negative signals from MACD and ADX alongside deeply oversold RSI, Stoch RSI, and CCI readings. The nearest resistance sits near $2.35, while ongoing volatility and dominant selling pressure keep rebound odds low, with price likely to consolidate or decline further in the near term.

Source of Data: PENDLE Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.