Pendle channel remains
The pendle momentum remains strong. I havent sold any of my position which has a basis around 70 cents. I did expect a washout last week but the narrative and ecosystem is too hot. If this stochastic continues to oscillate without major dumps the channel may continue to ride to 4.5-5$ in the coming weeks. I remain bullish with my first sell slated at 10$. These are the types of projects that go to billions market cap wise.
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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.