🚨 $PENGU /USDT – Meme Momentum or Temporary Spike? 🧊🐧
$PENGU is soaring by +22.41% today, breaking through key resistance as meme coins return to the spotlight. But can it maintain the breakout or is a rug pull lurking beneath? Let's decode the action 👇
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📊 Market Overview
📍 Current Price: 0.045291 $ (+22.41%)
📈 High in 24h: 0.046608 $
❄️ Low in 24h: 0.035938 $
📊 Volume in 24h: 9.31B PENGU (~381.13 M $ USDT)
📊 Resistance Levels: 0.04660 $, 0.04750 $, 0.05000 $
📊 Support Levels: 0.04356 $, 0.03963 $, 0.03570 $
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📈 PENGU Trade Setup – Be Ready to Act Quickly
🔹 Bullish Scenario (If PENGU holds above 0.0435 $):
Entry: Above 0.04600 $
Targets: 0.04750 $, 0.04990 $, 0.05200 $
Stop-Loss: 0.04100 $
🔹 Bearish Scenario (If PENGU rejects above 0.0475 $):
Entry: Below 0.04300 $
Targets: 0.03960 $, 0.03570 $, 0.03176 $
Stop-Loss: 0.04660 $
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🔍 Analysis: Meme Coin Fire or Flash in the Pan?
✅ Breakout candle above consolidation = bullish confirmation
✅ Strong increase in volume = genuine attention
⚠️ Watch for wicks above 0.0475 $ — this could signal exhaustion
⚠️ RSI risk overbought in shorter timeframes
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💡 Pro Tip:
If momentum remains strong and 0.0475 $ turns into support, 0.050 $+ could be quick. 🚀 But keep tight stops — volatility works both ways.
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$PENGU