$PENGU /USDT Trade Analysis & Market Insights
Current Price: $0.032974
24H Range: $0.028137 โ $0.034887
24H Volume: 9.91B PENGU traded โ very high activity.
๐ Market Insights
PENGU is showing solid bullish momentum after bouncing from $0.028 support.
The price tested $0.0348 resistance but faced minor rejection โ indicating this is the next barrier.
Volume remains elevated, supporting the bullish continuation.
If momentum continues, a breakout above $0.0348 could trigger rapid price expansion.
๐ Trading Signal
Entry: $0.0325 โ $0.0330 (current price zone)
Target 1: $0.0348 (immediate resistance)
Target 2: $0.0357
Target 3: $0.0375
Stop Loss: $0.0318
๐ฎ Future Predictions
If PENGU sustains above $0.0348, expect bullish extension toward $0.0375+ in the short term.
If rejected again at $0.0348, expect a pullback to the $0.0318 support zone, where re-accumulation may occur.
Summary: PENGU is in an uptrend with high volume, but resistance at $0.0348 is critical. A breakout above this would confirm further gains, while failure to break may lead to a healthy retracement before another attempt.