$PENGU /USDT Weekly Price Prediction on Binance
Current Price: ~$0.03115
PENGU has kept its momentum after a 37% rally last week, supported by a surge in volume ($1 billion daily) and growing institutional interest, including ETF chatter and exchange listings. Price has broken above its descending channel, and short-term indicators are bullish-though RSI is nearing overbought levels
🔮 This Week’s Range
• 📈 Bullish: $0.0335 – $0.0360
• ↔ Neutral: $0.0300 – $0.0335
• 📉 Bearish: $0.0270 – $0.0300
📊 Trade Plan
Entry Zone: $0.0305 – $0.0315
TP1: $0.0335
TP2: $0.0360
Stop Loss: Below $0.0300
🧠 Insight: Watch for a clean break above $0.0335 with volume—it may signal another leg higher. But if it fails, a retrace toward support is likely given overbought conditions.