๐ 1. Current Price $PENGU
Last price: 0.031185 USDT
24h Change: -1.76% (slightly down)
24h High: 0.033698
24h Low: 0.029642
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๐ข 2. Price Trend
The overall trend is strongly bullish:
Price surged from ~0.007729 up to the recent high of 0.035163.
The short-term MA(7) = 0.031077 is above MA(25) = 0.020647 and MA(99) = 0.012993 โ confirms an uptrend.
Candlesticks are consolidating just below the local top โ no major sell-off yet.
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๐ฅ 3. Trading Volume (VOL)
Todayโs volume change: +3.49%
Medium term:
7 days: +41.38%
30 days: +241.19%
90 days: +516.79%
๐ This indicates strong buying pressure โ capital is still flowing in.
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โ ๏ธ 4. RSI (Relative Strength Index)
RSI(14) = 75.61 โ Overbought zone.
When RSI > 70, the price often consolidates or pulls back.
However, in strong hype phases, a high RSI can persist while the price keeps pushing higher.
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๐ 5. Key Support & Resistance
Nearby Support: ~0.0296 (24h low)
Nearby Resistance: ~0.0337โ0.0351 (recent local top)
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โ 6. Short-Term Outlook
The uptrend remains intact โ price is still above MA(7).
High RSI means potential volatility or a pullback.
If you plan to buy more, waiting for a dip toward support near MA(7) ~0.0310โ0.0305 could be safer.
If youโre already holding, you can ride the trend but consider using a trailing stop or partial profit-taking.
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๐ Summary
Trend: Strong uptrend, but overbought.
Risk: High RSI โ possible pullback or sideways move.
Strategy: Hold if youโre in profit; buy dips near support; avoid chasing tops blindly.
