<ul><li>Despite global market cap drop, Pendle remains bullish and shows signs of strength, facing hurdles towards resistance.</li><li>Pendle has recovered significantly but slowed down this week, trading sideways near a crucial resistance level.</li><li>Technical analysis suggests a potential break up for Pendle, with key resistance levels at $4.4, $5.26, and $6.5.</li><li>Key support levels for Pendle are at $3.63, $3, and $2.4, with the spot price currently at $4.26, trend being bullish and volatility high.</li></ul>

PENDLE PRICE ANALYSIS & PREDICTION (May 16) – PENDLE Settles Under Crucial Resistance Level, is a Bigger Break Up Ahead?

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