• Pendle shows short-term bullish momentum, currently trading near $5.
• Analysts highlight a potential breakout pattern with price targets above $7.
• Long-term forecasts remain divided, with predictions ranging from modest gains to a potential move past $10.

Pendle (PENDLE) is currently trading at $4.98 after a rise of 4.08% over the day amid a significant decline in trading interest. In the last 24-hour period, its trading volume dropped by 11.55% down to a turnover of $4.08 million, but the token has been able to acquire a 12.29% profit over the previous week. 

The push has been a subject of interest for traders as well as experts as technical indicators show a sign towards a probable continuation in its bull run.

Market Structure Supports Further Gains

According to crypto AI by Klondike, PENDLE has established a falling wedge trend and now corrects in a solid bullish flag on the 12-hour chart. These types of patterns rarely do anything other than break out when they show up, so this further supports bullish sentiment around the token. 

The analyst advises considering an entry on a price of $4.91, with a stop-loss set at $4.11 in order to control risk, and a target on a price of $7.08 if the bullish breakout eventuates.

This technical analysis indicates that in spite of near-term corrections, the technical structure of the market supports further advances. Should the token continue its present momentum, short- to mid-term traders can profit in the $5 to $7 area.

Also Read | Pendle (PENDLE) Price Analysis: Will $4.40 Support Spark a Rally Toward $7?

PENDLE Price Prediction for 2025

According to DigitalCoinPrice’s outlook that PENDLE might break its former record highest price level of $7.52 in the year 2025, with a chance reaching up towards $10.88 by the end of this year, they depict their forecast as a sign of optimism towards increasing market acceptance as well as improving sentiment towards investors.

Moreover, Changelly’s prediction paints a more hesitant picture. Their prediction positions the trading range until 2025 between $4.81–$4.85, an average price close to $4.89, with a possible profit on investment of -1.8%. In October 2025, Changelly analysts projected negligible change, with the coin trading close to$4.88–$4.89.

Also Read | Pendle price analysis shows consolidation, targeting $7.20 breakout soon