$PENGU Bounces Back +5.8% – Breakout Loading or Sideways Grind?
$PENGU is trading at $0.016139 after showing signs of recovery within a tight range. Buyers are stepping in, but price still needs to break key resistance to confirm momentum.
Key Levels to Watch
Resistance: $0.01640 – A breakout above this could trigger a move toward $0.01675 and $0.01720
Support: $0.01600 – Holding this level is key; if lost, next support lies at $0.01585 and $0.01560
Trade Setup
Bullish Scenario: A confirmed move above $0.01640 may target
• Target 1: $0.01675
• Target 2: $0.01720
Bearish Scenario: A drop below $0.01600 could lead to
• Target 1: $0.01585
• Target 2: $0.01560
Price is coiling—next move could be explosive with volume building.