Posteo
🚨 $PENDLE (Pendle) -5% in the Last 24H: Selling Pressure or Just a “Shakeout”? 🔥
Pendle is down around -5% over the past 24 hours, causing some short-term uncertainty among traders
* Key observations:
Price is correcting but still holding its broader market structure
Liquidity remains relatively stable around key zones
The overall market is still sideways → short-term noise is expected
The big question right now:
Is this real distribution selling pressure…
or just a temporary “shakeout” before a potential rebound?
Historically, $PENDLE has often seen mild pullbacks followed by relatively quick recoveries once buying momentum returns.
Current phase:
The market is highly sensitive → even small moves are amplified by FOMO and FUD psychology
👉 Traders are closely watching:
Nearby support zones
Volume reaction
Early signs of a bounce
If key support holds, a technical rebound scenario could still be in play.
#DailyOrbit #CoinMoveAlert $PENDLE
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