Pendle price prediction: More downside risk? PENDLE extends decline below key moving averages

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Pendle slides 7.31% to $2.02 today

Highlights

PENDLE trades at $2.017, below the MA-20 ($2.1407), MA-50 ($2.0850), and deeply under the MA-200 ($3.5633), indicating sustained bearish momentum.
Momentum indicators are conflicted: daily MACD signals a sell, ADX shows weak trend, but RSI is moderately bullish at 54.57 and Stochastic RSI is overbought.
The expected five-day price range is $1.82–$2.18, with a high probability of further downside unless PENDLE breaks firmly above $2.08–$2.10 resistance.

Seller dominance as mixed indicators sustain volatile consolidation

Technically, PENDLE faces immediate dynamic resistance at the Ichimoku Kijun line ($2.0835), with the nearest support found just above today's low. Momentum signals are mixed: the daily MACD issues a sell signal, while the ADX points to weak trend strength. Overbought and oversold readings diverge — RSI is moderately bullish at 54.57, but the Stochastic RSI is overbought and the Commodity Channel Index stays neutral. Despite Bull/Bear Power showing strong buy conditions, intraday trade is dominated by sellers consolidating the price near today's low after a rapid drop, with risk-off sentiment driving persistent volatility.

Downside risk prevails as price stuck near volatility floor

In the short term, PENDLE is likely to oscillate between $1.82 and $2.18, reflecting its recent volatility band relative to current levels. The probability of a further decline outweighs the chance of a sustained rebound, which is currently below 20%. Sideways trading within this lower range is the base scenario, and any meaningful upside requires a solid break above $2.08–$2.10. A fall through $1.82 would signal deeper short-term losses, while a bullish reversal is unlikely without substantial shifts in momentum and trend signals.

Anton Kharitonov, Traders Union expert, notes that Pendle (PENDLE) remains under pressure, with price staying below all key moving averages and little sign of bullish momentum returning. He sees mixed technical signals and persistent selling as limiting the probability of recovery. The base scenario is continued sideways action, unless the $2.08–$2.10 area is reclaimed. "Until we see a convincing break above $2.10, I remain cautious and expect sellers to control the short-term direction."

Last time, analysts noted that Pendle (PENDLE) was showing short-term strength above key short-term moving averages, yet remained under long-term pressure while trading with high intraday volatility just below the MA-200. Despite firm buying interest and a neutral-bullish RSI, mixed momentum signals and weak trend indicators highlight divergent underlying sentiment, with the Ichimoku Kijun and MA-50 acting as nearby support and resistance.

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.