$PENDLE RWA reclaim after FLHYon (Franklin/Ondo) listed Oct 13 👀
Price ~$2.206 (+3.8% 24h, high $2.234). Wilder RSI(14) daily 47.5 / 4H 55.5. Oct 13 flushed to $1.978 then closed $2.133; today reclaimed the $2.20 shelf. Citrini flags Pendle as a second-order RWA trade (~$1.3B TVL).
My plan:
🟢 Bid $2.145–2.175 (add $2.100–2.135)
🎯 TP1 $2.230–2.280 / TP2 $2.300–2.360
🔴 Out on a 4H close below $2.070
RR from $2.160: ~0.8–1.3R to TP1, ~1.6–2.2R to TP2; blended with add ~1.3–2.8R
Not chasing $2.21–2.23. US Sept CPI at 19:30 ICT can swing the tape.
Hold the reclaim, or give it back into CPI? 👇
NFA, DYOR.
Price ~$2.206 (+3.8% 24h, high $2.234). Wilder RSI(14) daily 47.5 / 4H 55.5. Oct 13 flushed to $1.978 then closed $2.133; today reclaimed the $2.20 shelf. Citrini flags Pendle as a second-order RWA trade (~$1.3B TVL).
My plan:
🟢 Bid $2.145–2.175 (add $2.100–2.135)
🎯 TP1 $2.230–2.280 / TP2 $2.300–2.360
🔴 Out on a 4H close below $2.070
RR from $2.160: ~0.8–1.3R to TP1, ~1.6–2.2R to TP2; blended with add ~1.3–2.8R
Not chasing $2.21–2.23. US Sept CPI at 19:30 ICT can swing the tape.
Hold the reclaim, or give it back into CPI? 👇
NFA, DYOR.