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Pendle price may rise 12% more after bullish breakout and strong market momentum

Technical Signals
06 Sep 2026
AMBCrypto
View Source
Bullish
Pendle price may rise 12% more after bullish breakout and strong market momentum

Pendle (PENDLE) has rallied 73% over the past 180 days and 12% year-to-date, showing strong bullish momentum. The price recently broke out of an inverse head-and-shoulders pattern, suggesting a potential rise to around $2.30, a 12% gain from current levels. Indicators like the Accumulation/Distribution and MACD confirm ongoing buying pressure and positive momentum. Market sentiment remains moderately bullish, indicating the possibility of further upward movement in the near term.

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