As Ethereum’s (ETH) correction phase seems to have ended, coins regaining momentum in the market include $PENDLE, which stands out with its rising potential. From a technical perspective, PENDLE is among the key projects that should be closely monitored. 

Technical Outlook: 

PENDLE/USDT – 4H Chart 

Maintaining its structure without disruption, $PENDLE only conducted a liquidity grab near the critical $3.72 level and bounced back with renewed bullish momentum. 

The first resistance to monitor is at $4.13, while the main resistance zone lies at $4.73. Although this zone was previously breached with a confirmed close, liquidity was left behind at the $5.03 mark. A new high formed above this level would support further upward movement. 

However, if the price reaches the $5.03 zone but fails to hold above it, a downward correction may begin. The uptrend from the bottom remains valid, yet a deeper correction on the $BTC side could break this trend, activating the major support level at $3.47, where a fresh bounce is expected. 

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