$PENGU Rebounds Strong 36% Rally in Sight After Major Support Hold 🧲🧲
$PENGU is showing a classic rebound setup. After a powerful 91.14% initial run, price entered a consolidation phase, followed by a measured pullback from the major high at $0.0461.
Now trading at $0.0356, PENGU has respected the key support zone near $0.030, bouncing strongly with a projected 36.53% move targeting a return to the $0.045–$0.046 range.
Key Structure Highlights:
• Consolidation Support: Held cleanly
• Major Resistance: $0.0461
• Current Momentum: Bullish breakout from demand zone
With bullish momentum returning and the zone holding firm, this setup favors short-term upside continuation — eyes on volume for breakout confirmation.