Pendle’s Price Holds Near Key Support, Arthur Hayes Buys $814K Worth

The PENDLE cryptocurrency price is hovering near a crucial weekly support level as Arthur Hayes, a prominent crypto figure, made significant on-chain purchases worth over $814,000. This accumulation further strengthens the belief that the market might see renewed upward momentum. Analysis shows strong buyer defense at the support zone, while technical indicators suggest potential for price to push towards resistance levels in the coming days.