Will Bitcoin-backed stablecoin sUSDa take Pendle to $7?

Will Bitcoin-backed stablecoin sUSDa take Pendle to $7?

Table of Contents

  • Piedle Susda is integrated with Avalon Finance, which enhances its environmental system and potential symbolic demand.
  • Technical support may pave the $ 3.50 and $ 3.62 the way to 93 % division into $ 7 resistance.

Pendle Finance [PENDLE] He has Declare Release Bitcoin [BTC]–Stablecoin, Susda, which ripens in April 2025, for its ecological system.

This is Stablecoin, developed by Avalon Finance, is now available for trading on the Pendle platform.

Integration is an expansion of Penle, which aims to increase liquidity and user participation.

This advertisement caught the attention as it can enhance the demand for Pandle and the original symbol.

With a circulating supply of 160 million Pendant The maximum of the market is of $ 595.6 million, the symbolic symbol adoption is closely related to the growth of its ecological system.

Bandal: A possible outbreak here?

Penle’s price was trading in $ 3.59 At the time of the pressWith the long -term rising trend line provides strong technical support, at the time of writing this report.

The price was united near the trend line at $ 3.62, a region that has been historically worked as a base for upward movements.

Determine the ABCRYPTO $ 3.50 rating as a major horizontal support level that can, if preserved, lead to recovery.

source: Tradingvief

Pendle resistance levels were observed at $ 5.50 and $ 7.00, with the latter being a critical area for a possible team.

It can pave the way to break more than 7.00 dollars the way to increase large prices, which represents 93 % of the current level.

Market morale shows mixed signals

The PENDLE daily chart reflected a short -term trend, where prices are traded less than 13 days from EMA ($ 3.84) and EMA for 49 days ($ 4.56).

This landmark is strengthened by EMAS crossing down, indicating the continued pressure pressure.

source: Tradingvief

The RSI is at 37.13, as it approached excessive sales levels, showing the possibility of either the stage of unification or reflection.

The financing rates remained positive at 0.0068, indicating that the long positions were paying short pants. However, the expected financing rate at 0.0049 proposed a decrease in optimism among merchants.

If the price fails to retain current support, the decrease towards the psychological level can be $ 3.00.

source: Coinalyze

This reflects moderate activity

according to INTOTHEBLOCK Data, the open Pondle Authority has settled for the maximum rate of the market near an average of 30 days 40.87 %.

This scale was previously reached at 62.03 % on January 17, 2025, indicating a high financial lever activity during that period.


Read Pendant [PENDLE] Price 2025-2026


The lowest level of 24.55 %, which was seen on December 26, 2024, reflects the decrease in market participation.

Source: IntTHEBLOCK

With the current proportions that show a moderate crane, the market awaits a clearer direction. If Pendle maintains support levels and increases trading volume, the penetration may become 7.00 dollars more likely in the coming weeks.

Our offer on Sallar Marketplace