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Pendle analysis · Nov 11, 2026 · Downtrend

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Daily candle close

Daily close 1.579 −0.25% on the day

Nov 11, 2026 in one sentence

Pendle closed the day between support 1.513 and resistance 1.621. A daily close above 1.621 opens the way to 1.902–1.926. A daily close below 1.513 breaks support, and there is no lower daily level in the current data.

What changed since yesterday

  • The close moved from 1.583 to 1.579 (−0.25%); the daily trend is down.
  • Nearest support is now 1.513; yesterday there was none in range.
  • Nearest resistance is unchanged at 1.621 (2 touches).
  • RSI(14) daily moved from 29.6 to 29.3 (−0.3).
  • Yesterday's analysis →

Pendle on Nov 11, 2026: up or down? Two paths from the daily levels · each needs a daily close

Upside path A daily close above resistance 1.621 (2.7% above the close) opens the way to 1.902–1.926.
Downside path A daily close below 1.513 (4.2% below the close) breaks support, and there is no lower daily level in the current data.

Not financial advice

Pendle fell 0.25 percent to close at 1.58. The daily trend is falling and the weekly one is rising. Momentum is very stretched to the downside, where pauses are common. Volume was light at 0.53 times the average, so conviction is thin. If the day ends above 1.62, pressure eases; if it ends beneath 1.51, the slide extends.

Support and resistance on Nov 11, 2026

  • Support 1.513 4.2% below the close
  • Resistance 1.621 2.7% above the close

The bigger picture

The daily trend is falling while the weekly trend is still rising, so this reads as a pullback inside a larger climb. The four-hour chart is falling and the monthly one is rising. Price trades beneath both of its main moving averages, which keeps the longer view heavy. It is boxed between resistance near 1.62 and support near 1.51. Momentum is deeply stretched lower, where pauses or bounces are common, yet that alone is far from a turn.

What to watch

If a daily close lands above 1.62, the recovery case opens toward 1.90–1.93. If it closes beneath 1.51, weakness is confirmed. RSI at 29.3 shows whether momentum starts to recover.

Frequently asked questions

What were the support and resistance levels for Pendle on Nov 11, 2026?

On the daily chart, the nearest support is 1.513 and the nearest resistance is 1.621.

Was Pendle up or down on Nov 11, 2026?

Pendle closed the day at 1.579, −0.25%. The daily trend is down. A daily close beyond 1.513 or 1.621 is what would change that picture.

What happens if Pendle closes above 1.621?

A daily close above resistance 1.621 (2.7% above the close) opens the way to 1.902–1.926.

What happens if Pendle closes below 1.513?

A daily close below 1.513 (4.2% below the close) breaks support, and there is no lower daily level in the current data.

Pendle: technical analysis →