📈 Analysis and forecast for $PENGU on Binance: what are the further prospects? 📉
As of 11:07 EEST, June 28, 2025, the price of $PENGU on Binance is $0.011753, showing an impressive growth of 25.13% over the last 24 hours. Increased trading volume and excitement reflect high interest in Pudgy Penguins, a popular NFT project recently added to the platform.
Technically, $PENGU is in a strong upward trend. On the 4-hour chart, the 50-day SMA has crossed above the 200-day SMA, signaling bullish momentum. The RSI (14) at around 70 is close to the overbought zone, indicating potential growth but with a risk of correction. Key resistance is at $0.0125, a breakout of which could lead to $0.015. Support is located at $0.011, below that at $0.0105. Holding above $0.011753 enhances optimism.
Forecast: in the coming days, PENGU may test resistance at $0.0125, with a chance to rise to $0.015 by the end of June 2025 if the excitement continues. By July, a rise to $0.018–$0.020 is possible if interest in meme coins continues to grow. The long-term outlook for 2026 is $0.05+, assuming growth of the ecosystem and market trends. Risks include high volatility and potential profit-taking after a sharp increase. Market sentiment, including posts on X, shows strong optimism with forecasts above $0.0125, although some traders warn of a correction.
Prospects? A 25.13% growth and a price of $0.011753 are close to the resistance at $0.0125. Buying at $0.011 with a target of $0.015 and a stop-loss at $0.0105 may be justified. PENGU stands out due to the popularity of NFTs and support from Binance, attracting investors. Stay tuned for news on new releases and community activity!
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