#PENGU
Price: ~$0.02974, down ~0.1% in the last 24 hours.
Support Zone: Around $0.030–$0.0305, backed by technicals and recent dips .
Resistance Levels: $0.034–$0.0345 is the key barrier that PENGU needs to clear .
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🔍 Key Recent Drivers
Deployer Movement: 1.5 billion PENGU (~$45M) shifted to exchanges today—raising dump concerns .
Partnership Buzz: Sunplay/Suplay deal in Asia triggered a ~18% surge, highlighting strong institutional interest .
Market Metrics: Weekly gains ~120%, market cap topped $2 billion, and open interest hit record high—signaling hot momentum .
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📈 What Might Happen Next Week
1. **Base Case (~$0.032–$0.034)**
Expect PENGU to stabilize around $0.032–$0.033, consolidating gains and holding support near the $0.030 range.
2. **Bull Case (Breakout to $0.036–$0.040+)**
A clean break above $0.0345 could trigger momentum into $0.036–$0.040, fueled by ETF speculation and more partnership news .
3. Bear Case (Pullback to $0.028–$0.029)
If the deployer holders begin selling or broader crypto sentiment weakens, PENGU may retrace to the foundational support around $0.028–$0.029.