Here's a technical breakdown and market summary of $PENGU
📊 PENGU/TRY Market Snapshot
Metric Value
Current Price ₺0.5387 (▲ +2.24%)
24h High ₺0.6179
24h Low ₺0.5209
24h Volume (PENGU) 819.00M
24h Volume (TRY) ₺463.03M
USD Equivalent $0.0135
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📈 Technical Indicators
🔹 Key Support & Resistance
Resistance Levels Support Levels
₺0.6179 (24h high) ₺0.5209 (24h low)
₺0.5998 ₺0.5117
₺0.5765 ₺0.5063
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🔹 Moving Averages
MA(5) MA(10)
48.88M (Volume) 29.67M (Volume)
➤ MA trending up, signaling strong short-term interest and accumulation.
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📊 Depth & Volume Analysis
Buy walls are visible around ₺0.53–₺0.55, showing demand support.
Price attempted to break above ₺0.6179, suggesting bullish sentiment, but met short-term resistance.
Strong volume (₺463M) backs the movement, suggesting real money flow, not just thin speculation.
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🔍 Outlook & Strategy
✅ Bullish Scenario
A confirmed break above ₺0.6179 could trigger a rally toward ₺0.65–₺0.70 zone.
Pullbacks to ₺0.53–₺0.52 could present buy-the-dip opportunities.
Maintain bullish bias while above ₺0.5117.
⚠️ Bearish Risk
Break below ₺0.5117 opens risk down to ₺0.49–₺0.48.
If volume dries up and momentum slows under ₺0.53, consolidation is likely.
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📌 Summary
PENGU/TRY is showing short-term bullish momentum with high liquidity and strong market interest. It is currently consolidating just below resistance at ₺0.6179. A breakout above could bring rapid gains, while support at ₺0.5117 is key to maintain the bullish setup.
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