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Market Overview
PENDLE/USD closed at 2.647 USD, marking a 0.76% increase from the previous close of 2.627 USD, consistent with the current uptrend. Despite a slight negative return of approximately 2.00% over the past 30 days, the pair shows signs of recovery with price action above the 5-day SMA (2.627) and 20-day SMA (2.625). The 50-day and 200-day DMAs are not provided, but the RSI and momentum indicators suggest moderate strength. Key support is near 2.60 USD, with resistance around 2.71 USD. No major upcoming events are noted that could impact price action imminently. For information only.
Last Updated 12/5/25

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.