📈 1. Current Price $PENGU
Last price: 0.031185 USDT
24h Change: -1.76% (slightly down)
24h High: 0.033698
24h Low: 0.029642
---
🟢 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 → confirms an uptrend.
Candlesticks are consolidating just below the local top — no major sell-off yet.
---
🔥 3. Trading Volume (VOL)
Today’s volume change: +3.49%
Medium term:
7 days: +41.38%
30 days: +241.19%
90 days: +516.79%
👉 This indicates strong buying pressure — capital is still flowing in.
---
⚠️ 4. RSI (Relative Strength Index)
RSI(14) = 75.61 → 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.
---
📌 5. Key Support & Resistance
Nearby Support: ~0.0296 (24h low)
Nearby Resistance: ~0.0337–0.0351 (recent local top)
---
✅ 6. Short-Term Outlook
The uptrend remains intact — 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) ~0.0310–0.0305 could be safer.
If you’re already holding, you can ride the trend but consider using a trailing stop or partial profit-taking.
---
📌 Summary
Trend: Strong uptrend, but overbought.
Risk: High RSI → possible pullback or sideways move.
Strategy: Hold if you’re in profit; buy dips near support; avoid chasing tops blindly.