#PENDLE Market Analysis

$PENDLE remains in a bearish structure with price trading in the lower half of the Bollinger Bands and RSI near 41, signaling weak momentum. MACD is bullish but lacks conviction to reverse the downtrend yet. Bulls need to hold above 1.105 to stabilize and target a break above 1.158 for a potential bounce. Bears take control below 1.105, risking a drop toward the next support at 1.05. Key level to watch: 1.105 support.