$PENGU

PENGU

0.009983

-3.40%

🔮 PENGU/USDC: What's Next? Technical Analysis & Price Prediction! 🐧

Here's an analysis of the PENGU/USDC 1-hour chart, focusing on key levels and potential future price action:

Current Price: Approximately $0.012464

Key Levels Identified:

Resistance 1 (Current): ~$0.0125 - $0.0126 (Green Line) - This is a short-term resistance where the price is currently reacting.

Resistance 2 (Stronger): ~$0.0130 (Red Line) - This level has been a more significant barrier, also aligning with the MA(200) (yellow line).

Support: ~$0.0110 - $0.0112 (No line drawn, based on recent low) - The recent low of $0.011154 serves as a crucial area of potential demand

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