Pendle defys market
PEndle has greatly exceeded my expectations, I am up a clear 5x at this point but not willing to sell anything just yet. I did expect a correction on the top of this channel but I believe the token had a short squeeze. This is my #1 pick for the arbitrum ecosystem and with good reason. If this OBV trend continues the token will continue to climb. If you are trading this beast I would keep an eye on a downside break as that could indicate a momentum shift.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.