š Notable positive performance! The PENGU coin is rising by more than +25% in the past 24 hours, after a strong rebound from the support area at $0.0144 to record a peak at $0.0203.
š” Quick technical overview:
ā Clear upward trend: the price action shows a consistent rise supported by increasing trading volumes, reflecting traders' confidence.
ā Successful breakouts: the price has successfully broken several short-term resistances over the hours, strengthening the bullish continuation scenario.
ā Accumulation above support: despite a slight pullback from the peak, the price is currently holding above the $0.019 level, indicating the possibility of a re-launch at any moment.
š The most important resistance: located at $0.0203, and if it is broken again with a strong close, we may see targets at $0.0225 and then $0.025.
š Nearby support: $0.0180, maintaining it means the bullish scenario remains strong.
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š¢ Analyst's opinion: PENGU shows ideal technical behavior for a bullish wave, especially after a successful accumulation period. If the momentum continues while maintaining the current support, the coin is poised for further gains in the coming hours. Keep a close eye on it, as the opportunity might just be beginning.
š Ready to launch? Don't overlook PENGU.