+7.3% for Pendle — bullish momentum meets resistance near $2.21

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Pendle jumps 7.28% to $1.90 today

Highlights

Arthur Hayes, BitMEX co-founder, increased his Pendle position by withdrawing about 687,000 PENDLE (roughly $1.23 million) from exchanges between December 20 and December 26, 2025.
Hayes further rotated from Ethereum into DeFi, acquiring an additional approximately $973,000 in PENDLE in the same period.
Pendle's yield-tokenization protocol continues to see adoption growth, driven by rising institutional and individual investor interest.

Adoption accelerates as Arthur Hayes leads major DeFi inflows

Recent on-chain activity shows BitMEX co-founder Arthur Hayes significantly expanded his Pendle position, withdrawing about 687,000 PENDLE (valued at roughly $1.23 million) from exchanges between December 20 and December 26, 2025. Hayes also made additional purchases of approximately $973,000 in PENDLE, as part of a rotation from Ethereum into DeFi assets. The growth of Pendle's yield-tokenization protocol and increasing institutional as well as individual interest continue to support adoption.

Mixed technical signals as resistance holds and oscillators diverge

The nearest key dynamic level is the Ichimoku Kijun at $2.21, which acts as the first resistance, while recent lows near $1.82 serve as short-term support. Momentum readings are mixed: MACD and ADX both indicate lingering bearish momentum, but BBP shows buyers currently hold the advantage intraday. Both RSI and CCI remain in the "Sell" zone, while Stoch RSI is deeply overbought, highlighting a risk of short-term exhaustion despite the current bid. The Awesome Oscillator remains negative and does not support the bullish tone. Divergence between overbought oscillators and bullish intraday action suggests caution is warranted as momentum and oscillators present conflicting signals.

Downside risk dominates as limited upside meets bearish indicators

Looking ahead, the projected 5-day price range is adjusted to $1.80 – $2.15 to reflect recent volatility and the current price environment. The probability of a further price increase is very low (less than 20%), making a downward scenario more likely according to major weekly indicators. Baseline scenario: price consolidates between $1.80 and $2.15. If PENDLE closes above $2.21, a move toward $2.15 resistance may be attempted, though upside is limited by sustained selling from medium-term averages, while a drop below $1.80 would open the way for further downside as longer-term signals remain bearish.

Anton Kharitonov, expert at Traders Union, notes that PENDLE faces strong resistance from medium and long-term averages. He observes that recent institutional accumulation by Arthur Hayes has not shifted the prevailing bearish technical picture. Momentum and oscillators remain mixed, pointing to limited upside and risk of short-term exhaustion. "Until PENDLE closes convincingly above $2.21, my base case remains consolidation or renewed downside — caution is warranted here."

Last time, analysts noted that Pendle was exhibiting persistent downtrends across all major moving averages, with the price trading below key resistance levels and sustained selling pressure indicated by the MACD, ADX, and Ichimoku Kijun. Despite some signs of emerging short-term buying interest as reflected by oversold RSI and CCI readings, bearish momentum remains dominant and further downside is favored unless a significant reversal materializes.

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.