1️⃣ Trend: $PENGU
The price is at 0.036971 USDT, up +20.68% in 24h — a strong bullish move.
The MA(7) (yellow) is above the MA(25) (pink), confirming a short-term uptrend.
2️⃣ Volume & RSI:
Trading volume is high, which supports the strength of this move.
RSI(14) is around 83.76, which means it’s in overbought territory — a signal that a pullback or consolidation may happen soon.
3️⃣ Support & Resistance:
Immediate resistance zone: around 0.038 – 0.040 USDT. If this breaks, the next target could be 0.044 USDT (previous swing level).
Nearest support: around 0.030 USDT. If it fails to hold, price might drop back toward 0.025 – 0.020 USDT.
4️⃣ Short-term prediction:
Price is likely to test 0.038 – 0.040, but with RSI this high, some profit-taking is likely — a pullback to 0.032 – 0.030 would be healthy to gather more buying power.
If price stays above 0.030 with strong volume, the uptrend can continue toward 0.044+.
📌 Tips:
If you’re already holding, consider partial profit-taking near resistance.
If you’re not in yet, waiting for a dip to support is safer than buying now at the top.
Watch RSI, volume, and the short-term MA for signs of reversal or continuation.