$PENGU UPDATE – Technical Breakdown

Pengu (aka Asia’s Doge) is currently consolidating within a bullish pennant, following a strong impulse move. While the macro trend remains bullish, indicators suggest a short-term pullback is likely before continuation.

Key Levels To Watch:

Support Zone: $0.01000 – $0.01050

(Aligned with 0.5 Fibonacci level + historical demand zone)

Resistance: $0.0145 – $0.015

MACD: Bearish crossover forming — expect a cool-off phase

RSI: Cooling down from overbought, currently near 59

Scenario: Price could dip back to the $0.0105 region (highlighted in green), which may act as a launchpad for the next move toward $0.022 if support holds and volume confirms.

Summary:

Short-term correction possible — bullish continuation intact. Watch $0.0100 zone for bounce entries.

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