$PENGU /USDT based on your snapshot for April 29, 2025:

PENGU/USDT Quick Overview

Current Price: $0.011718

Daily Change: -3.47% (moderate bearish)

24h High: $0.014190

24h Low: $0.011301

MA60: $0.011753 (price is slightly under MA60)

Volume:

7.53B PENGU

95M USDT value

Technical Picture

Price is close to 24h low ($0.01130), but still holding slightly above it.

MA60 ($0.011753) now acts as resistance price rejected there.

Volume decent, but 15min candles showing weak recovery after earlier sell-off.

A big 24h range (over +20% from low to high) → high volatility NFT project behavior.

Key Zones to Watch

Immediate Resistance:

$0.01175 (MA60)

$0.01195 (mini wall)

Immediate Support:

$0.01130 (24h low — critical)

$0.01100 (next psychological)

Trade Plans

Setup 1: Bounce Play (speculative)

Entry: $0.01165–$0.01170 (current area)

Stop Loss: Below $0.01125

Take Profit Targets:

TP1: $0.01190 (quick hit)

TP2: $0.01210 (stretch)

This is risky because the trend is down, but bounce is possible if $0.01130 holds.

Setup 2: Breakdown Play (safer)

Entry: Break below $0.01130 (15m close under)

Stop Loss: Above $0.01155

Take Profit:

TP1: $0.01100

TP2: $0.01080

This favors continuation of the downtrend.

Summary Table

Important Caution

PENGU is a high-volatility NFT token → can move 5–10% in minutes.

Tight stop losses needed to avoid heavy loss if breakdown happens.

Small position sizing is smarter because of high intraday volatility.

Would you also like a super short-term 5-minute scalping plan for PENGU?

It can help if you want to "catch small waves" without risking bigger losses!

Follow for more updates.

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