$PENDLE is showing renewed bullish momentum, trading around $2.18, with roughly 7.5% gains in the latest 24-hour data.

🟢 Support: $2.00–$2.05

🚀 Resistance: $2.20–$2.30

🎯 Breakout above $2.30: could open the way toward $2.50+

⚠️ Below $2.00: momentum could weaken toward $1.85–$1.90.

Trend: Short-term bullish, but volatility remains high.

Pendle's role in DeFi yield trading and its recent tokenomics developments provide a fundamental catalyst, although the market still needs to confirm sustained buying pressure.

Overall: 🟢 Bullish above $2.00 | Watch $2.30 breakout.
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