$PENGU SHOWS EARLY SIGNS OF A BASE – DEAD CAT OR REAL BOUNCE?
$PENGU/USDT plunged from $0.012249 to $0.010514 and is now consolidating at $0.010526, down -2.14%. Volume is ticking up at 2.62M, hinting at possible buyer interest near the bottom.
Key Zones:
• Resistance Levels:
• $0.01090
• $0.01125
• $0.01160
• Support Zone:
• $0.01050 – If this breaks, expect deeper pullback toward $0.01020
Trade Setup:
• Bullish Entry: Above $0.01060
• TP1: $0.01090
• TP2: $0.01125
• TP3: $0.01160
• SL: Below $0.01048
Watch for volume spikes near support as confirmation—momentum shift could follow quickly.