Here's a technical summary for $PENGU /USDT as of May 26, 2025:
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PENGU/USDT Snapshot
Current Price: $0.012305
24h Change: -6.74%
24h High / Low:
High: $0.013349
Low: $0.012016
24h Volume:
PENGU: 1.37B
USDT: $17.31M
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Market Observations
Price Action: Trading slightly above the 24h low; bearish short-term pressure.
MA60: $0.012251 — currently acting as dynamic support, price just above it.
Volume (15m): 492,876, slightly rising, suggesting mild interest at support.
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Technical Indicators
MA(5): 369,595
MA(10): 359,753
(Near convergence — potential pivot point developing.)
Support Levels:
$0.012016 (24h low — key short-term support)
$0.012000 psychological support
Resistance Levels:
$0.012310 (current pressure zone)
$0.012600 to $0.013000 (recovery range)
$0.013349 (24h high)
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Outlook
Short-Term Bias: Neutral to bearish unless it holds above $0.01225+.
Watch For:
A break below $0.01200 may trigger a sharper sell-off.
A bounce above $0.01260 would suggest a recovery attempt.
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