🐧 $PENGU /USDT — Is the Ice Finally Melting?

After a brutal downtrend early in the year, PENGU appears to be waking from hibernation. Today’s strong +14.77% daily candle is testing overhead resistance as short-term MAs converge.

📊 Current Stats:

Price: $0.01234

MA7: $0.01003

MA25: $0.00995

MA99: $0.00931

📈 Structure & Momentum:

Price is now above all 3 key moving averages, a classic early breakout signal

99MA is flattening — often a precursor to trend reversal

Higher lows since March confirm accumulation zone

Volume spike + price close at highs = bullish conviction

🧊 Resistance to Watch:

Local resistance near $0.013–$0.015

If broken, next target zone sits around $0.018–$0.020

📉 Support Zone:

$0.0100 is now acting as short-term support

Below that, $0.0090 (MA99) is a key defense

🔥 Conclusion:

PENGU might just be gearing up for a meme-fueled comeback. The chart suggests bulls are stirring, but confirmation lies above $0.015. Until then, cautious optimism is the vibe.

⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!