#usdc #wct Based on the provided data for PENGU/USDT, here's a concise trend analysis:

### **Short-Term Trend (Bullish)**

- **Price Action**: The current price is $0.012731, reflecting a **+22.95% increase**, indicating strong upward momentum.

- **RSI(6)**: The RSI is **96.13**, which is **extremely overbought**. This suggests a potential pullback or consolidation soon.

- **MACD**: The MACD line (DIFF) is above the signal line (DEA), and the histogram is positive (0.000301), confirming bullish momentum in the near term.

### **Key Levels**

- **24h High**: $0.013040 (immediate resistance).

- **24h Low**: $0.010112 (support level).

- **Current Price**: $0.012731 (testing resistance).

### **Volume**

- **24h Trading Volume**: 6.30B PENGU / 72.80M USDT, showing high liquidity and trader interest.

### **Caution**

- The extreme RSI suggests the asset is overbought. Watch for:

- Rejection at $0.013040 (24h high).

- Potential profit-taking leading to a short-term dip.

### **Actionable Insight**

- **Short-Term Traders**: Consider taking partial profits near $0.013040 due to overbought conditions.

- **Long-Term Holders**: Monitor for a pullback to support levels ($0.010112) before adding positions.

- **Set Alerts**: For breaks above $0.013040 (new bullish signal) or below $0.012138 (weakness signal).

### **Conclusion**

The trend is **strongly bullish** but overextended. Expect volatility or a minor correction soon. Trade with risk management.