🐧🚀 PENGU Breakout: Real Momentum or Just Noise?
$PENGU 📍 Current Price: $0.04058
📊 Trend: Bullish with mixed signals
🔍 Key Indicators:
- RSI: 23.76 → Extreme oversold
- MACD: -0.00014 → Bearish crossover still active
- CCI: -133.29 → Heavy downside pressure
- ADX: 20.39 → Weak but rising trend strength
📈 Moving Averages:
Price has broken above all major MAs (5–200), but indicators haven’t fully confirmed reversal yet.
🔮 Short-Term Projection
- Immediate Resistance: $0.04120
- Critical Zone: $0.04250 → Breakout here could send it flying to $0.04500
- Key Support: $0.03890 → Drop below could trigger correction to $0.03750
🎯 Strategy Snapshot
✅ Speculative Entry: If $0.04050 holds with rising volume
⚡ Scalp Long: On breakout above $0.04120 with RSI recovery above 30
🛡️ Suggested Stop-Loss: $0.03880 for intraday setups
Is this the start of a meme-fueled rally or just technical noise?
Would you buy the dip or wait for confirmation?
#pengu #CryptoBreakout #BinanceSquareFamily #MemecoinMomentum #Write2Earn