Simple pullback or new bullish wave ahead? 👀🔥
📈 $PENGU U has had an explosive rally of +28% in the last 24 hours, and is currently consolidating after hitting its intraday high of $0.032637.
🔍 Key data
📌 Current price: $0.030511
📊 EMA 7: $0.030312
📊 EMA 25: $0.030185
📊 EMA 99: $0.027311
📉 MACD: Starts to curve towards a possible bullish reversal.
📈 RSI (6): 53.6 — with slight increasing momentum.
📊 OBV: Strong accumulated volume, still with buying pressure.
⚠️ Relevant technical zones:
🔵 Key support: $0.02923
🔴 Immediate resistance: $0.03106
🚀 Key breakout: $0.03264
🧠 Technical conclusion:
$PENGU seems to be making a healthy pullback. If it maintains support above $0.0300 and surpasses $0.031 with volume, it could attempt to break the daily high again.