Pendle (PENDLE) is currently priced at $3.57, reflecting a significant 24-hour decline of approximately 6.94%. The trading range for the past day was between $3.56 and $3.84, with a daily volatility of 0.28%, indicating a relatively stable price movement despite the drop.

The trading volume stands at 61,111,604, representing 10.52% of its market cap, suggesting a moderate level of trading activity. The short-term moving averages are bearish, with the 8 and 13 SMA showing declines of 2.72% and 2.70%, respectively, while longer-term averages like the 55 and 144 SMA are down by 5.22% and 6.25%, indicating a persistent downward trend.

The 1-hour RSI is notably low at 21, which signals that PENDLE is in oversold territory in the very short term. Meanwhile, the 7-day RSI at 49 indicates a neutral position, but the longer-term 14-day and 30-day price changes of -13.09% and -22.16% respectively suggest significant bearish momentum.

PENDLE's all-time high stands at $7.50, reached on April 11, 2024, which provides a benchmark for potential recovery. However, given the current price action and persistent downtrend, the likelihood of immediate recovery towards that high appears limited.

Based on the current data and technical indicators, a Sell rating is warranted. The bearish moving averages, low RSI readings, and overall negative price momentum indicate that it may be prudent for investors to exit their positions to mitigate further losses.