$PENGU Surges After Support Retest Eyes on 36% Upside Move

After a massive 91.14% initial rally, $PENGU entered a cooling-off period, followed by a controlled decline from the peak at $0.0461.

Currently holding firm at $0.0356, price has reacted strongly from the critical $0.030 level, setting the stage for a potential 36.53% climb back toward the $0.045–$0.046 zone.

Key Technical Insights:

• Accumulation Range: Support held effectively

• Resistance Level: $0.0461 remains key to break

• Market Sentiment: Strength returning from demand region

With price structure turning constructive and momentum building, the setup leans bullish watch for volume confirmation.