$PENGU /USDT

PENGU/USDT Analysis

MetricValueCurrent Price$0.008295 (-11.62%)24h High$0.00939724h Low$0.00822524h Volume (PENGU)2.07B24h Volume (USDT)$17.84M

📉 Technical Overview

📊 Trend:

Short-term Bearish, double-digit daily decline

Testing key short-term support ($0.00822–$0.00829)

📈 Support & Resistance Levels

Level TypePrice RangeComment🔼 Resistance$0.00871 – $0.00900Recent pullback rejection zone⚠️ Support$0.00822 – $0.00829Critical demand zone, near 24h low❌ BreakdownBelow $0.00822Opens room toward $0.00780–0.00750

📊 Momentum & Sentiment

IndicatorLikely StatusRSI (Short)Likely near or below 30 (oversold)Volume TrendHeavy sell-side volumeSentimentBearish, but approaching bounce zone

🧠 Trade Ideas

🟩 Bounce Setup

Entry: $0.00825–$0.00835

Target: $0.00880 / $0.00920

Stop: $0.00810

🟥 Breakdown Play

Entry: Below $0.00820

Target: $0.00780 / $0.00750

Stop: $0.00840

🧭 Summary

PENGU has dropped sharply but is now hovering at strong support.

Watch closely:

A bounce could trigger fast recovery toward $0.009+.

A break below $0.00822 could result in further downside.

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