PENDLE at $2.77: up 75.8% in 30 days, RSI 79.6 signals overbought
- —PENDLE at $2.71, up 6.59% in 24 hours and 75.82% over 30 days
- —RSI at 79.6 and stochastic at 93 — extreme overbought territory
- —Trading volume 22.95% above the 30-day average
- —Price is 63.83% below its all-time high of $7.51
Why it matters: Pendle is benefiting from the tokenization of yield-bearing assets, but overbought conditions raise the risk of a correction to $2.35–2.50.
Source: DiarioBitcoin