PENDLE / TetherUS
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Pendle continues price discovery

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Pendle has respected the price discovery fib extensions fairly reasonably as it grasps for new all-time-highs each week. This is my largest Arbitrum holding, after I sold out of GMX I doubled down on the position at around 90 cents. I am still standing firm on a price target of at least 1 billion market cap, or 10$. I plan on selling the entire position around then unless the market is really on fire.

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