$PENDLE is showing signs of a comeback after breaking out of its recent downtrend, with the token rallying over 12%. Buyers have managed to absorb selling pressure despite a whale moving $1 .28M worth of PENDLE to Binance. Exchange outflows have also remained positive, suggesting less supply is sitting on trading platforms while spot demand stays strong. Open interest is rising too, adding momentum but also the potential for higher volatility. The key level to watch is $1 .574. A clean break could put $2 back in focus, while failure there may lead to consolidation. For now, $1 .245 remains an important support level.