PENDLE · Market structure
Pendle (PENDLE) market structure today
PENDLE market structure on the 1h, 4h and daily charts of the Binance PENDLEUSDT perpetual, recalculated every two hours from closed candles.
Last updated: 2 November 2026, 19:21 UTC
Market structure now
Calculated from closed candles of the Binance PENDLEUSDT perpetual, last price 1.7602.
| Chart | Trend | Last swing high | Last swing low | Trend flips on | RSI 14 |
|---|---|---|---|---|---|
| 1h | Bearish | 1.8625LH · | 1.8179LL · | Close above 1.8625turns it bullish · 5.81 percent away | 30.9 |
| 4h | Bullish | 1.9139HH · | 1.6210LL · | Close below 1.6210turns it bearish · 7.91 percent away | 39.6 |
| Daily | Bearish | 2.2194LH · | 1.9017LL · | Close above 2.2194turns it bullish · 26.09 percent away | 37.4 |
Summary built from the table The timeframes disagree: the 4h trend is bullish and the 1h and daily trends are bearish. The 1h trend turned bearish with a close below 1.8434 at 19:00 UTC on 1 Nov, the 4h trend turned bullish with a close above 1.8929 at 04:00 UTC on 1 Nov, and the daily trend turned bearish with a close below 2.2844 on 7 Oct. The 4h lower low does not change that trend: a swing label only compares a high with the previous high, or a low with the previous low, and a trend changes only when a candle closes beyond the last swing. The nearest flip level is 1.8625 on the 1h chart, 5.81 percent from the last price; a 1h close above it would turn the 1h trend bullish.
- Last 24 hours (rolling, at calculation time): down 3.52 percent, range 1.7566 to 1.8625.
- Funding: the current rate on this perpetual is 0.0100 percent (longs pay shorts), the live estimate for the next payment at ; the contract pays every 8 hours. Funding rates across the market
- Each timeframe uses its last 250 closed candles; RSI 14 is calculated on closed candles only.
Recent swing points
- 1h: higher low 1.8434 (), higher high 1.9139 (), lower low 1.8179 (), lower high 1.8625 ()
- 4h: higher high 2.0397 (), lower low 1.6210 (), lower high 1.8929 (), higher high 1.9139 ()
- Daily: higher low 2.2844 (), lower high 2.5944 (), lower low 1.9017 (), lower high 2.2194 ()
How it is calculated: a swing high or low needs five candles on each side and is confirmed five candles later, and the trend changes only when a candle closes beyond the last swing, never on a wick. This is the same logic as the trend table on Finora’s chart images. More on reading market structure and invalidation levels, or compare the top 100 perpetuals in the market structure screener.
About this page
PENDLE trades on Binance Futures as the USDT-margined PENDLEUSDT perpetual, listed on 28 July 2023. By 24-hour trading volume it was the 97th busiest of the 512 Binance coin perpetuals tracked on this site when the table was last calculated.
This page counts 2 of Finora’s posts about PENDLE from the last 30 days: 2 short market notes on X.
There is no project profile here on purpose. This page sticks to what can be measured from the chart, and the table is rebuilt every two hours from closed candles, with the time of the last run printed above it.
How to use this page
Start with the timeframe you actually trade, then look one step up. When the 1h trend disagrees with the 4h or daily trend, as it does here, a move on the 1h chart is going against the bigger picture, and the flip level of the higher timeframe is the one that would change it. The “percent away” figure in the Trend flips on column is how far price was from each level when the table was calculated.
How Finora reads a chart explains how a read is built. Treat every number here as a note from the time printed next to it, then check the live chart before you act.
Educational content, not financial advice. The structure data is calculated automatically and can be wrong or out of date by the time you see it. Trading involves risk; you make your own decisions.