$PENGU has been dead for months and now it is making a strong comeback!; and all the "Experts" advise that this is the time to buy....

The same "experts" who told us it would go to the moon last year just before it started its fall to 0.016 and then disappeared.

- Don't believe all the publications you see (Especially if they all repeat the same message)

Pengu has gained strength for a few days but we all know that the momentum must end at some point, now comes the drop, how much will it fall?

It is impossible to say for sure, pengu is the definition of volatility but I don't think it will lose everything it has gained in recent days, these movements do not mean that the currency will reach the skies, it means it is not dead and is now starting to move forward.

The resistance of 0.035 is important as it is the same level where the currency fell 6 months ago. At the time of this publication, it has broken the support of 0.032.

My advice:

If you want to take risks, take advantage of the drop, use Fibonacci and calculate a comfortable take profit.

If you do not want to take risks, use spot trading and buy pengu during this drop and sell it when it surpasses the resistance of 0.035, which is very likely that the momentum with which it breaks will carry the value above 0.040.

$PENGU

PENGU

0.030922

-4.84%

I’m not going to lie to you, I want it to reach 1$ but that will not be the case, not this year and maybe not next year, we must be reasonable, Pengu has a simple base, NFTs and its merchandise may not seem much but it gives it a reasonable advantage over other altcoins that only have volatile popularity that fades as quickly as it comes. However, if we trade cautiously, we can accumulate good capital.