Technical analysis by SILICIDE about Symbol PENDLE: Buy recommendation (8/15/2025)

PENDLEUSDT is trending within a channel and has now reached the channel’s resistance, signaling a potential breakout toward the $7 level. Despite the recent BTC drop, PENDLE recovered fully — a sign of strong buyer interest. A good risk-to-reward trade setup is possible here, with a stop-loss around $5 and a target range of $6.8–$7.