Image of PEN
PENPendulum
$0.03308
10.32%
1D

Pendulum Analysis

Investment Score
A quick view into Pendulum's investment prospects.
8.5

Trend and momentum are aligned, and the current chart still offers a constructive buy setup.

What is helping
  • MACD is confirming the current directional bias.
  • The current level still offers a favorable reward-to-risk profile.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • Trend Exhaustion Risk: Price is more than 5% extended above EMA50, increasing the risk of a pullback or mean-reversion dip.
Market State Summary
Current regime
Bull Volatile
Confidence: 95%
Why this state?
  • PEN is above SMA50
  • SMA50 is above SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Volatile regime, the best-fit approach is Follow the trend, but tighten risk control. The broader trend is still bullish, but price swings are wider and less forgiving, so the upside bias remains intact while execution and risk control need to be tighter.

Trend
Bullish
PEN is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 60.32, which is neither overbought nor oversold.
Volatility
Volatile
PEN ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.05538 - $0.08395
Active zone
$0.02304 - $0.05429
Support zone
$0.02596 - $0.03596
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Volatile
Volume
Average
Support & Resistance

Pendulum support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.02596 - $0.03596
Resistance zone
$0.05538 - $0.08395
Active zone
$0.02304 - $0.05429
Levels Table
LevelZoneStrength
Support 1$0.02596 - $0.03596
Resistance 1$0.05538 - $0.08395
Active 1$0.02304 - $0.05429
Scenario Analysis
Bullish scenario

PEN clears the resistance zone at $0.05538 - $0.08395 and holds above it. That would strengthen the breakout case and shift attention to $0.05538 - $0.08395.

Bearish scenario

PEN loses the support zone at $0.02596 - $0.03596. That would weaken the setup and open the way toward $0.02596 - $0.03596.

Neutral scenario

PEN continues trading between $0.03596 and $0.05538. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.01904
Bullish
PEN is trading above the 50-day average.
SMA200
$0.01147
Bullish
PEN remains above the long-term trend line.
EMA50
$0.02044
Bullish
PEN is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.01334
Bullish
PEN is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
60.32
Neutral
RSI (14) is at 60.32, which keeps momentum in a balanced range.
Stoch RSI (14)
43.09
Neutral
Stoch RSI (14) is at 43.09, which suggests momentum is active but not yet extreme.
MACD
0.004078
Bullish
MACD is above its signal line.
ATR
21.39%
Volatile
Volatility is above its 180-day median.
VWMA
$0.02234
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
84.02
Neutral
CCI (20) is at 84.02, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.01112
Bullish
Awesome Oscillator is above zero at $0.01112, which supports bullish momentum.
Williams Percent Range (14)
-17.27
Overbought
Williams Percent Range (14) is near the top of its recent range at -17.27.
Bull Bear Power (13)
$0.0009807
Bullish
Bull Bear Power (13) is positive at $0.0009807, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
52.19
Neutral
Ultimate Oscillator is at 52.19, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.02992
Bullish
PEN is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.02717
Bullish
PEN is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Pendulum

Over the past 7 days, Pendulum price was most positively correlated with the price of Injective (INJ), Internet Computer (ICP), Beldex (BDX), LayerZero (ZRO) and Monero (XMR) and most negatively correlated with the price of BitTorrent (BTT), Gnosis (GNO), Monad (MON), Gram (prev. Toncoin) (GRAM) and The Graph (GRT).

Positively Correlated Currencies
NameCorrelation
Image of InjectiveInjective0.205
Image of Internet ComputerInternet Computer0.202
Image of BeldexBeldex0.188
Image of LayerZeroLayerZero0.173
Image of MoneroMonero0.163
Negatively Correlated Currencies
NameCorrelation
Image of BitTorrentBitTorrent-0.457
Image of GnosisGnosis-0.415
Image of MonadMonad-0.410
Image of Gram (prev. Toncoin)Gram (prev. Toncoin)-0.386
Image of The GraphThe Graph-0.386

Pendulum price is negatively correlated with the top 10 coins by market cap with a price of -0.054, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.106. Currencies that are positively correlated with Pendulum indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Pendulum, a move in one direction for Pendulum would translate into a move in the opposite direction for the negatively correlated coin.

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