Daily close 1.641 −1.68% on the day
Nov 8, 2026 in one sentence
Pendle closed the day between support 1.606 and resistance 1.926. A daily close above 1.926 breaks resistance, and there is no higher daily level in the current data. A daily close below 1.606 breaks support, and there is no lower daily level in the current data.
What changed since yesterday
- The close moved from 1.669 to 1.641 (−1.68%); the daily trend is down.
- Nearest support moved from 1.621 to 1.606.
- Nearest resistance is unchanged at 1.926 (5 touches).
- RSI(14) daily moved from 31.3 to 30.3 (−1.1).
- Yesterday's analysis →
Pendle on Nov 8, 2026: up or down? Two paths from the daily levels · each needs a daily close
Not financial advice
PENDLE ended the day at 1.64, down 1.68 percent, with key levels intact in a quiet, fearful weekend market. The daily trend is down, while the weekly trend is up; daily RSI moved from 31.3 to 30.3, so momentum is weak. On thin volume, a daily close above 1.93 would improve the picture, while a close below 1.61 would weaken it.
Support and resistance on Nov 8, 2026
- Support 1.606 2.1% below the close
- Resistance 1.926 17.4% above the close
The bigger picture
The nearest ceiling is near 1.90, a band that has often turned the price back, while the weekly trend is up, so the two timeframes disagree. The nearest floor is near 1.62, and futures positions grew as the price fell, a sign of fresh bets on more weakness.
What to watch
A daily close above 1.93 would ease the pressure. A daily close below 1.61 would confirm more weakness and leave open ground below 1.61. Also watch whether the daily RSI of PENDLE, now 30.3, turns up.
Frequently asked questions
What were the support and resistance levels for Pendle on Nov 8, 2026?
On the daily chart, the nearest support is 1.606 and the nearest resistance is 1.926.
Was Pendle up or down on Nov 8, 2026?
Pendle closed the day at 1.641, −1.68%. The daily trend is down. A daily close beyond 1.606 or 1.926 is what would change that picture.
What happens if Pendle closes above 1.926?
A daily close above 1.926 (17.4% above the close) breaks resistance, and there is no higher daily level in the current data.
What happens if Pendle closes below 1.606?
A daily close below 1.606 (2.1% below the close) breaks support, and there is no lower daily level in the current data.