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Can PENDLE Take a Bullish Route After This Record?
- PENDLE, the native token of the yield-trading platform Pendle, reached a 4-month high at $5.26 in late October.
- The protocol's total value locked (TVL) rose by 31.5%, reaching a 1-month high.
- PENDLE has become the most accumulated token on DEXes, with a buy volume exceeding $3.88 million.
- In terms of price action, PENDLE is exhibiting bearish momentum below the 20-day EMA, with a support level at $4.426.
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