Pendle

Date:&nbsp;Thu, Sept 11, 2025 | 05:42 AM GMT
The cryptocurrency market is showing strength amid the anticipated potential US Federal Reserve rate cuts, with Ethereum (ETH) holding steady around $4,400. Following this resilience, several altcoins have started to display strong upside potential — and one of the most promising setups is emerging in Pendle (PENDLE).
PENDLE has turned green with an impressive 10% gain over the past week, but more importantly, its chart is flashing a fractal formation that looks strikingly similar to Mantle (MNT)’s recent bullish breakout, hinting that a similar move could be brewing.
<img src="https://academy-public.coinmarketcap.com/optimized-uploads/31869789e57546fca113a59ae75d3ca6.png">Source: Coinmarketcap
<h3 id="pendle-mirrors-mnt-s-double-bottom-pattern">PENDLE Mirrors MNT’s Double Bottom Pattern</h3>
On the left side of the chart, <a href="https://coinsprobe.com/mantle-mnt-to-rise-further-key-bullish-breakout-signals-potential-upside-move/" rel="noopener noreferrer nofollow">MNT</a> recently confirmed a double bottom breakout — a classic bullish reversal structure first formed in April 2024. The breakout was triggered when MNT pierced through its neckline resistance at $1.41, which has since propelled the token nearly 17% higher, with its sights now set on $2.27.
On the right side, PENDLE is now tracing a nearly identical pattern.
<img src="https://academy-public.coinmarketcap.com/optimized-uploads/ec29fd0115e34c27a21588e212a046b5.png">MNT and PENDLE Fractal Chart/Coinsprobe (Source: Tradingview)
Since April 2024, PENDLE has carved out its own double bottom structure and is currently trading near $5.06, completing the right leg of the pattern — almost the exact stage MNT was in just before its breakout rally.
<h3 id="what-s-ahead-for-pendle">What’s Ahead for PENDLE?</h3>
If history repeats itself and PENDLE continues to follow MNT’s fractal path, the next major upside test sits at its neckline resistance of $6.82. A decisive breakout above this zone could unlock the next measured target near $11.04, representing a potential new cycle high.
That said, traders should remain cautious — fractals highlight similarities, not guarantees. If PENDLE fails to clear its neckline, the token may remain range-bound in consolidation before any decisive move.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
Also Read: <a href="https://coinsprobe.com/is-sei-sei-poised-for-a-bullish-breakout-key-pattern-formation-suggests-so/" rel="noopener noreferrer nofollow">Is Sei (SEI) Poised for a Bullish Breakout? Key Pattern Formation Suggests So!</a>

Is Pendle (PENDLE) Poised for a Bullish Breakout? Key Fractal Formation Suggests So!

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