$PENGU has shown a notable price increase of 2.209% in the last 24 hours, signaling positive momentum.
With a 24h high of 0.008689 and a low of 0.007737, the price remains within Bollinger Bands, indicating mild volatility.
Support at 0.007737 and resistance at 0.008689 highlight key levels for potential price action.
The overall market is in an uptrend, suggesting bullish sentiment, though macroeconomic factors should be monitored closely.
Currently, Bitcoin’s correlation is undefined, which could limit its influence on PENGU's movements.
Given the current volatility, traders might consider a short-term approach to capitalize on rapid price shifts.
Key takeaway: Stay vigilant on inflation data and regulatory news, as these will likely impact PENGU’s price trajectory moving forward.
