📊 1️⃣ Overview: $PENGU
Current price: 0.03127 USDT
24h change: -2.59%
24h high: 0.03512 USDT
24h low: 0.030315 USDT
2️⃣ Trading Volume:
24h volume (PENGU): 6.22B
24h volume (USDT): 204.23M USDT
👉 Very high trading volume — indicates strong community interest.
3️⃣ Price Trend:
On the 3-day timeframe, we see:
The price surged massively from around 0.003–0.005 to over 0.03 (~10x) in one strong rally.
After the spike, there’s a slight pullback now.
4️⃣ Moving Averages (MA):
MA(7): 0.020751
MA(25): 0.013998
➡️ Current price is well above both MAs, which signals a very strong short-term uptrend, but also means it could be overextended and prone to a pullback.
5️⃣ RSI (Relative Strength Index):
RSI(14): 80.02
➡️ This is in the overbought zone (>70).
=> Indicates a risk of a short-term correction.
6️⃣ Volume:
Recent volume bars show a big spike, matching the price breakout.
Indicates strong money flow into the token.
7️⃣ Performance:
Last 7 days: +114.02%
Last 30 days: +202.15%
Last 90 days: +526.15%
=> Clear uptrend in the mid to long term, showing hype and FOMO.
🔍 Technical Outlook:
✅ Bullish signs:
Price is trading well above MAs.
Strong breakout with volume.
Clear bullish trend over weeks and months.
⚠️ Risks:
RSI is overbought → possible pullback.
Price rallied too fast → profit-taking risk.
Short-term resistance around 0.035, needs to break for further upside.
📌 Conclusion & Tips:
If you’re holding: Consider setting stop-loss or taking partial profit to protect gains.
If you’re buying: Be cautious of FOMO — ideally wait for a pullback or buy in stages.
Watch support levels around 0.030 and 0.020 (near the MAs) — price could retest these.