🚀 PENGU Soars on ETF News: Real Opportunity or Just Temporary Hype?
Today the token $PENGU jumped over +25%, hitting $0.0119, after the news that Cboe BZX Exchange submitted a filing to the SEC to list the Canary PENGU ETF. That’s a huge milestone for a project still gaining traction in the market.
📊 Daily Technical Analysis:
RSI(6): 74.99 – Overbought zone, signaling a potential short-term breather.
EMA(7): 0.01029 and EMA(25): 0.01017 – Confirmed bullish crossover.
EMA(99): 0.01140 – Price just broke through this key resistance.
Volume Surge: 2.5 billion – Strong buyer momentum in play.
💡 Insight: If this ETF gets approved, $PENGU could enter the institutional spotlight. But caution — we’re in overbought territory. A pullback may come before the next leg up.
📌 My personal strategy:
I’ve taken partial profits and I’m holding the rest with a stop below 0.0095. If it breaks above 0.0122 with volume, I’ll look to re-enter. 🎯
👉 What about you? Are you riding the $PENGU wave or did you miss this move?
