Pendle price prediction: $1.43–$1.51 level in focus as PENDLE rallies 13.73%

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Pendle jumps 13.73% to $1.45 today

Highlights

PENDLE shows strong short- and medium-term bullish momentum but remains structurally fragile under long-term resistance near $2.09.
Multiple technical indicators flag overbought conditions, with momentum fading and risk of a near-term pullback increasing.
For the coming week, price is likely to consolidate within the $1.43–$1.51 range, with downside favored over sustained gains.

Bullish momentum risks reversal as oscillators show overextension

Momentum signals are mixed. The ADX (25.76, Buy) indicates a strengthening trend, but the MACD on D1 is Neutral, reflecting ambiguous underlying momentum. RSI (68.40, Buy) is nearing overbought territory, with the CCI (372.41, Overbought) and Stoch RSI (100, Overbought) also warning of stretched bullish conditions. BBP (0.3213, Buy) shows buyers dominating intraday, while the Awesome Oscillator is Neutral. The Ichimoku Kijun on the daily timeframe is at $1.2245 and acts as immediate support. After gapping up from $1.275 to open at $1.43, strong follow-through has driven price near today’s high, with the session ranging between $1.384 and $1.489. The bias is bullish but volatile, with oscillators signaling overextension.

Sideways bias prevails amid waning short-term upside

For the coming week, typical volatility is expected with a range of $1.43 – $1.51, keeping price movement close to current levels. The probability of further upside is low (under 20%), with a greater chance that Pendle consolidates or pulls back, given negative weekly signals (RSI, ADX, MACD, MA-50). The baseline scenario favors sideways trading while short-term gains are absorbed. A move above $1.51 could open room toward higher resistance, but a drop below $1.43 would target immediate support at the Kijun level.

Anton Kharitonov, expert at Traders Union, notes that Pendle is showing strong short-term momentum but faces resistance from long-term sellers. He sees overbought signals increasing the risk of a pullback or sideways action this week. Upside above $1.51 is limited unless the trend gains broader support. "Until Pendle decisively breaks above $1.51, I remain cautious and would avoid chasing extended moves."

Earlier, analysts noted that Pendle was exhibiting short- to medium-term bullish momentum amid overall market consolidation and mixed technical signals. The current rally further validates this view, but with momentum oscillators now signaling overextension, traders should closely monitor for a pullback or potential exhaustion if resistance near $1.51 holds.

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.