Get started

PENDLE / TetherUS

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

PENDLEUSDT trade ideas

Staking maniaThere has been a correction in ETH, but the Restaking ETH is still hot. As the leading protocol in this sector, Ether.fi has increased by more than 200% after listing. In addition to the Restaking protocol, the yield swap protocol Pendle has also attracted much attention during this period. Today we take a look at Pendle’s recent performance. Pendle provides the crypto with a yield swap market, splitting financial products into PT (principal) and YT (potential return part) to meet the needs of different traders with the opportunity to add leverage trading to potential returns. For example, if you think that the interest rate for borrowing USDC will be higher and higher in the subsequent period, then you can purchase YT-aUSDC (USDC interest rate on AAVE) in pendle, which is a process of increasing leverage. , if your judgment is accurate, you will get several times the rate of return than directly lending USDC on AAVE. In the current environment where various types of staking points are frequent, Pendle has split the PT (principal) and YT (the part of earning points) of Restaking and Staking. Punters who are inclined to expect airdrops can use nearly 10 times the leverage to participate. In the staking activities, PT also provides traders with low risk appetite with an ETH-based return of nearly 30%. Based on the above advantages, Pendle also surpassed GMX and became the native protocol with the highest TVL and highest MC on Arbitrum. In terms of the use of indicators, we see that Pendle’s trend is relatively simple and clear. At the 4h level, the TSB indicator prompted a SELL signal on March 11. After that, pendle experienced a correction that lasted several days. On March 22, TSB prompted a BUY signal, and Pendle resumed its rise, and break ATH. In both processes, the wavy area plays the role of providing resistance and support. Judging from the TSB indicator, Pendle’s bulls are currently healthy. Fundamentally, Pendle has the hottest narrative. Introduction to indicators: Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated. KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
by sypool-AI-TradeGenius
Pendle breaks consolidationPendle looks to be breaking the consolidation zone that I expected to take up to 60 days a bit early here. I am unsure if this is leverage or that fact that the team has been literally killing it lately. Pendle is now on 5 blockchains, they have a trading app, the bond type products and LPs. My two near term targets are marked with dash greens. Since we are in price discovery its hard to say how high we go, last breakout was a huge move over several weeks.
Long
by Apollo_21mil
PENDLE/USDT Critical area. Breakout or Breakdown the support ??💎 PENDLE has recently exhibited notable market dynamics. It is currently resting on the support line of an ascending channel pattern after facing rejection from a local resistance area. However, the indicator tools suggest bearish divergence and weak momentum. 💎 If PENDLE successfully breaks out above the resistance, there is a possibility of reaching our target area. 💎 Conversely, if PENDLE breaks down below the support pattern, it may signal a switch to a bearish trend. In such a scenario, the price could decline towards the Bullish OB area or even reach the support area. 💎 PENDLE must bounce at the support level to maintain the current upward movement. Failure to bounce could result in continued downward movement, potentially leading to further declines.
by MyCryptoParadise_Nathan
4
Pendle Followed Perfectly Our Path. Now Ready For Trade ## PENDLE Coin: Short Fundamentals, Recent News, and Disclaimer **Fundamentals:** * **Pendle (PENDLE):** A protocol enabling the **tokenization and trading of future yield**. * **Launched:** August 2021. * **Market Cap:** ~$43 million (as of Feb 28, 2024). * **Rank:** #702 on CoinMarketCap. * **Unique Features:** * Users can **trade the expected future yield** of various DeFi assets. * Offers **optionality** for yield strategies, allowing users to hedge or speculate on future returns. * **Automated Market Maker (AMM):** Designed specifically for assets with time decay (like future yield). **Recent News:** * **No significant recent news found specifically for PENDLE.** However, the broader DeFi space is experiencing ongoing developments, which can indirectly impact PENDLE. **Disclaimer:** * This information is for educational purposes only and should not be considered financial advice. * Cryptocurrency investments are highly volatile and carry significant risks. * Do your own research before making any investment decisions. **Additional Notes:** * PENDLE price has been volatile recently, reflecting broader market trends and the inherent volatility of yield-focused projects. * While the concept of trading future yield is innovative, PENDLE is still a relatively new project with evolving technology. * It's crucial to be aware of the high risks involved before investing in PENDLE or any other cryptocurrency. I hope this information is helpful! Please let me know if you have any other questions.
Long
by MoonTradingForecast
PENDLE - Is there a trade opportunity here ? #PENDLE/USDT Analysis Description --------------------------------------------------------------- + As depicted in the chart, the price of PENDLE has broken out of the channel after trading within it for approximately a month. + This bearish breakout suggests an imminent phase of price consolidation following a bullish trend that persisted for over a month. + This presents a favorable opportunity to initiate a SHORT trade. + While significant profits may not be attainable in this trade, given the potential for price rebound from one of the support levels, it still represents a respectable opportunity. + I anticipate a price rebound after reaching the support range around 2.6. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 2.9762 Stop Loss: 3.44 ------------------------------ Target 1: 2.827 Target 2: 2.6256 Target 3: 2.4415 Target 4: 2.2552 Target 5: 2.124 Target 6: 1.999 Target 7: 1.619 ------------------------------ Timeframe:1D Capital: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Agree or Disagree with the ideas ? lets discuss in the comments. Like and follow us for more ideas. Regards VectorAlgo
Short
by VectorAlgo
Pendle hit price zonePendle corrected into my price target zone, this is the greatest selloff the token has seen since inception. 2.4$ is still possible but this token tends to be very strong and might not go much lower here. That red candles dipping close to the green fib is pretty bullish to be honest. Stochastic looks to be resetting. I expect another consolidation phase here between 2.4 - 2.8 and a rocket launch like we saw last time which started this previous channel. -now is a decent time to average in if you have been side lined imo.
Short
by Apollo_21mil