Markets· ★★· neutral·

PENDLE rises 7.45% to $2.12 but volume stays below average

  • —24-hour volume of $38.7 million is 13.97% below the 30-day average
  • —RSI at 45.9 and a bearish MACD do not confirm a trend change
  • —Price remains 71.69% below its all-time high of $7.51 set in April 2024
Why it matters: A rebound without volume expansion and with a bearish MACD looks fragile, so traders should wait for confirmation.
#PENDLE
Source: DiarioBitcoin
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