ONDO, AERO, and PENDLE lead the pump in the Decentralized Finance market! Technical signals release recovery momentum.

Decentralized Finance (DeFi) tokens saw a significant rebound this week, with Ondo Finance (ONDO), Aerodrome Finance (AERO), and Pendle (PENDLE) becoming the market focus. On-chain and derivation data show that traders' interest in these three major tokens is rapidly increasing, with open interest (OI) rising by 20%, 16%, and 12% respectively on September 12th, and the scale of capital inflow indicates that the market is betting on the continuation of the recovery trend.

ONDO six consecutive pumps break through psychological barrier

(Source: Trading View)

The price of ONDO has risen for six consecutive days and steadily stands above the $1.00 mark. As of Friday, ONDO has increased nearly 2%, approaching the 50% Fibonacci retracement level at $1.17 (calculated from a range of $2.04 to $0.62). If it can break through that resistance, the technical target will point to the 61.8% retracement level at $1.33.

In terms of technical indicators, the 50-day EMA has crossed above the 200-day EMA, forming a "golden cross," which is a typical bullish signal. The MACD and signal line are above the zero line, and the green momentum bars are expanding, indicating an increase in bullish momentum; the RSI has risen to 67, nearing the overbought zone, with buying pressure continuing.

The short-term support level to watch is $1.02 (38.2% retracement level); if it breaks, it may trigger a pullback.

AERO rebounds from support, targeting 1.48 USD

(Source: Trading View)

AERO rose slightly by 1% on September 12, successfully rebounding from the 50-day EMA. The daily structure indicates that the token is likely to challenge the $1.48 resistance (with a calculated range of $2.33 to $0.28).

The RSI has broken through the middle line to 57, indicating a warming of buying pressure; the MACD and signal line are converging, and the red momentum bars are shortening. If a crossover occurs, it will release a new bullish signal.

If the market reverses, the short-term support level is at 1.12 USD (50-day EMA).

PENDLE returns to the $5 mark

(Source: Trading View)

After a significant 11% overnight pump, PENDLE slightly retraced nearly 2% on September 12, but still remains above $5. Technical indicators show that the Token continues the Rebound from the support trend line, with a short-term target of $5.59. If it breaks through, it is expected to test the high of $6.30.

The MACD has crossed above the signal line and has turned positive, releasing a buy signal; the RSI is at 56, indicating that the bulls are still in control. If there is a pullback, pay attention to the support at $4.81 (50-day EMA).

The capital flow and market sentiment are warming up simultaneously

According to CoinGlass data, the total open contracts for ONDO, AERO, and PENDLE reached 608 million USD, 103 million USD, and 149 million USD respectively, indicating an accelerated influx of funds into the derivation market. The double-digit growth in OI reflects the regained confidence of retail and institutional investors in the DeFi sector, with the market expecting the upward trend to continue in the short term.

Conclusion

The technical and financial aspects of ONDO, AERO, and PENDLE are strengthening simultaneously, injecting new momentum into the DeFi sector. With the emergence of signals such as golden crosses, MACD crossovers, and rising RSI, bulls still hold the advantage in the short term. However, investors need to pay attention to key support levels and changes in trading volume to prevent false breakout risks. For more real-time market information and in-depth analysis, please follow the official Gate platform.