$PENGU Ready to Break $0.0080 and Fly!
ETF announcement by Canary suggesting institutional interest(introduce more opportunities for investors)
~750K strong token holders boosting community strength
Recent listing on Robinhood for U.S.
Pudgy Penguins is a cultural icon in crypto, with one of the most influential communities.
An 85% drop from ATH suggests we're near a bottom
🔰 Analysis of chart:
Resistance: $0.0075-$0.0080
Support Holding: $0.00642-$0.00645 acting as a strong base, with high volume ($154.5M daily) supporting liquidity
You can buy on a breakout above $0.0080 (short-term) or $0.0096 (medium-term) with volume confirmation. Retest of broken resistance as support is ideal
Targets are: $0.0096, $0.014, $0.020 $USDT
Don't forget about DYOR, because there are a lot of volatility at the market.
