Pendle is the DeFi protocol that lets you trade yield itself ā split any yield-bearing asset into principal and future yield, lock in fixed rates, or bet on the yield.
The token, though? $PENDLE is at $1.52, down ~3% today and -26% over the last month. Even the yield-trading king can't trade its own chart up. š
š Spot levels:
ā¢ Support: $1.50, then $1.45
ā¢ Resistance: $1.59, then $1.67
ā¢ 7d: -16% | 30d: -26% | Market cap ~$270M
BTC is holding ~$73,900, so the market isn't dead ā just picky. If yield season ever comes back, PENDLE is the first name on the list.
Not financial advice. DYOR.
#Pendle #DeFi #Crypto
The token, though? $PENDLE is at $1.52, down ~3% today and -26% over the last month. Even the yield-trading king can't trade its own chart up. š
š Spot levels:
ā¢ Support: $1.50, then $1.45
ā¢ Resistance: $1.59, then $1.67
ā¢ 7d: -16% | 30d: -26% | Market cap ~$270M
BTC is holding ~$73,900, so the market isn't dead ā just picky. If yield season ever comes back, PENDLE is the first name on the list.
Not financial advice. DYOR.
#Pendle #DeFi #Crypto