Pendle Breaks Through Resistance, Could Reach $7

Pendle’s price action is showing signs of strength as it pushes past resistance and climbs toward new highs. Traders are closely watching a crucial support level at $4.40, where a strong defense could propel the token towards higher targets like $6.00 and potentially even $7.00. Analysis indicates that if Pendle holds above this support zone, momentum will likely continue upward, with potential resistance levels at $5.20 and $5.40. Source: ali_charts via X