Pendle’s Bullish Trajectory: Could a Breakout Signal $5,81?

The cryptocurrency market continues its upward trend, fueled by bullish momentum seen in Bitcoin (BTC) and Ethereum (ETH). Bitcoin has recently surpassed the $104K mark, while ETH is experiencing an impressive surge, trading just above $2,500 after soaring over 60% within the last month. This positive market movement is influencing altcoins like Pendle (PENDLE), which has seen a significant gain of over 14% this month and is currently trading near $3.83. A textbook technical pattern suggests that Pendle could see further gains.