Pendle has respected the price discovery fib extensions fairly reasonably as it grasps for new all-time-highs each week. This is my largest Arbitrum holding, after I sold out of GMX I doubled down on the position at around 90 cents. I am still standing firm on a price target of at least 1 billion market cap, or 10$. I plan on selling the entire position around then unless the market is really on fire.
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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.