Double Bottom Support Emerges For Pendle Amid +16% Volume Spike: Best Crypto to Buy in August?

Markets 2025-11-03 16:10

Momentum is stalling on Pendle Crypto, but could it still be the best crypto buy in August? After breaking out to $4.10, the chart has cooled fast, with PENDLE price sliding back toward a key support at $3.75. Traders have defended this level before, but pressure is building.

A confirmed breakdown could drag the Pendle price toward $3.60. $4.10 remains the ceiling no one’s managed to punch through, yet we can still see a double bottom forming. Meanwhile, a new crypto presale is also making the case for this month’s best crypto presale.

Best Crypto to Buy in August? Pendle TA Point to Bearish Setup

Momentum on Pendle is losing its edge. After riding a volatility squeeze higher, the Bollinger Bands are contracting again. The 20-day just crossed below the 200-day SMA – a bearish reversal that cancels out the earlier Golden Cross optimism.

As seen on CoinGecko, Pendle’s volume was strong during the breakout but low during the consolidation. A high-volume breakdown below $3.75 would confirm further downside.

Pendle Boros Launch Brings New Utility – But Will It Catch Fire?

The silver lining is that  Pendle’s fundamentals are evolving despite the price pullback. The project just launched Boros, a platform on

    that lets users trade funding rates on BTC and ETH perpetuals via “Yield Units” (YUs).

These YUs allow for hedging or speculation on future funding rate movements across major exchanges like Binance. Traders can go long or short with limited leverage (1.2x), and open interest is capped at $10 million per market.

On-chain data shows that TVL across Pendle protocols has held steady near $380M, despite recent volatility, indicating that core users are not fleeing.

DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025

Best Memecoin In Trump Era: TOKEN6900 Cracks $1M Raised

With altcoin season around the corner for tokens like Pendle crypto, presales still stand out as one of the best investments in Web3.  Earning before launch changes the entire risk-reward game.

The big new play leading the pack is TOKEN6900, which has just crossed $1.6M in presale funding, drawing heat as traders chase the next 100X.

Marketed as the first “Non-Corrupt Token,” TOKEN6900 skips every red flag by featuring no mint function, private deals, or dev wallets.



The clock’s ticking on the current price at $0.006675, which won’t last long. And while central banks inflate away savings with euphemisms, TOKEN6900 goes full internet absurdist with transparent economics and zero apology.

TOKEN6900 isn’t pitching itself as the backbone of Web3 like Ethereum. It’s a viral meme like Pepe or Bonk, and both of those are top 50 coins. This one could be the next.

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This content is for informational purposes only and does not constitute investment advice.

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