$PENGU on Thin Ice – Breakdown or Bounce Incoming?
After a sharp drop, PENGU is struggling to reclaim lost ground. Price is hovering just above local support, but buyers need to step in fast. Momentum is fading — the next move could decide the short-term trend.
Key Levels to Watch
Resistance Zone: 0.0305 – 0.0310
Support Zone: 0.0293 – 0.0290
Trade Setup – Guard Against False Moves
Bullish Entry: Above 0.0310
Target 1: 0.0320
Target 2: 0.0332
Final Take: 0.0345
Bearish Entry: Below 0.0290
Target 1: 0.0285
Target 2: 0.0278
Final Take: 0.0265
Volume is fading and volatility is tightening — expect a strong reaction soon. Stay cautious, wait for clear confirmation, and manage risk accordingly.