#PENGU
๐ Chart Analysis:
Strong Bullish Candle: The last 4H candle shows a large green body with high volume, indicating aggressive buying.
Breakout Zone: The price broke above the resistance of ~$0.0167 and continued upward.
MACD & MA Crossover: MA(5) is above MA(10), supporting bullish momentum.
Volume Surge: Significant volume confirms strength behind the price move
โ Bullish Signals:
Price above both short-term MAs
Strong volume surge with upward breakout
Positive short to medium-term percentage returns (7D: +15.73%, 30D: +65.40%, 90D: +322.21%)
โ ๏ธ Caution:
RSI and MACD indicators should be checked for overbought signs.
Sharp spikes may attract profit-taking.
buy and trade guys