💡 Quick Technical Analysis:
✅ Mixed Signals! PENGUISDT dipped slightly to 0.014630 (-0.41%) but held above the low of 0.014526, showing resilience near support.
✅ ZigZag Warns of Downtrend! The indicator marks 0.014991 as a critical resistance – a break above here could reverse the bearish bias.
✅ Hourly Chart Structure: Price is trapped between 0.014526 (support) and 0.014656 (resistance). A decisive move outside this range could dictate the next trend. $PENGU
🚀 The Expected Scenario:
- Bullish Reversal: If PENGUISDT breaks 0.014656, it could challenge 0.014991 (ZigZag resistance) and beyond.
- Bearish Continuation: A drop below 0.014526 may trigger a slide toward 0.014000 or lower. $PENGU
🔥 Is PENGUISDT Ready for a Volatility Spike?
With meme coins showing erratic moves and BTC/ETH consolidating, PENGUISDT could see sharp swings. Are you positioned for the breakout?
📢 What’s Your Take? Will $PENGU bounce back or break down? Share your predictions below! 👇
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