Market Overview for Pendle/Bitcoin (PENDLEBTC) on 2026-01-15

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Thursday, Jan 15, 2026 8:35 pm ET1min read
BTC
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Aime RobotAime Summary

- PENDLEBTC closed below 2.275e-5 with bearish volume divergence, confirming key resistance breakdown.

- RSI below 40 and MACD bearish crossover signal weakening momentum near 50-period SMA.

- Price near lower Bollinger Band with 2.24e-5 Fibonacci level as critical short-term support.

- Volatility spikes at 2.3e-5 and 2.275e-5 levels highlight market uncertainty amid diverging price-volume action.

Summary
• PENDLEBTC formed bearish divergence with volume and closed below 2.275e-5.
• RSI and MACD signaled weakening momentum, with price near 50-period SMA.
• Volatility expanded through 2.3e-5 highs but failed to hold key resistance.
• Daily Fibonacci levels suggest potential support near 2.24e-5.
• Bollinger Bands reflect increased dispersion, with price near the lower band.

24-Hour Price and Volume Summary


Pendle/Bitcoin (PENDLEBTC) opened at 2.38e-5 on 2026-01-14 at 12:00 ET, reaching a high of 2.38e-5 and a low of 2.196e-5 before closing at 2.214e-5 on 2026-01-15 at 12:00 ET. The 24-hour volume was 11,629.4, and the total notional turnover was approximately $2.65 (based on
Bitcoin
pricing).

Structure and Candlestick Formations


The 5-minute chart showed a series of bearish inside bars, bearish engulfing patterns, and a large bearish pinbar at the 2.3e-5 level. These formations signaled strong selling pressure during key resistance tests. A bearish doji formed near 2.278e-5, reinforcing a potential short-term reversal signal.

Moving Averages and Trend Context


On the 5-minute chart, the price closed below the 20-period and 50-period SMAs, indicating a bearish near-term bias. On the daily chart, the 50- and 200-period SMAs suggest a neutral to slightly bearish setup, with the 100-period SMA acting as a dynamic resistance. The price remains below its 200-day SMA, suggesting a longer-term bearish context.

Momentum Indicators


The RSI has dipped below 40, indicating weakening bullish momentum. The MACD line crossed below the signal line earlier in the 24-hour period, forming a bearish crossover. Both indicators suggest continued caution ahead.

Volatility and Bollinger Bands


Volatility expanded significantly during the session, with the price touching the upper band at 2.3e-5 before retreating. By the close, the price was near the lower Bollinger Band, reflecting declining confidence in the rally. This widening suggests market uncertainty and possible consolidation ahead.

Volume and Turnover Analysis


Volume spiked during key breakdowns at 2.3e-5 and 2.275e-5, confirming bearish pressure. However, price action diverged from volume during the final hours, as volume waned despite continued selling. Turnover was highest during the 16:00–17:00 ET time window, coinciding with the breakdown below key support levels.

Fibonacci Retracements

On a 5-minute swing from 2.38e-5 to 2.196e-5, the 38.2% retrace level was at 2.279e-5, which failed to hold. The 61.8% retrace level is at 2.238e-5, which appears to be a critical area to watch for potential short-term support. On the daily chart, a 61.8% retrace from the prior major move could test 2.24e-5.

In the next 24 hours, the market may test the 2.24e-5 support level and could see renewed buying pressure if volume increases on a rebound. However, traders should be cautious of continued bearish momentum and potential breakdowns if key Fibonacci levels fail to hold.