📉 $PENGU Price Update & Analysis
🕐 1H Chart | Current Price: $0.041251 (Down -6.84%)
🔍 Chart Analysis:
Price Action: After peaking at $0.0466, PENGU is showing a short-term downtrend and has retraced to $0.0412.
Support Zone: Strong bounce seen around $0.0385 (near 24h low), which could act as short-term support.
Moving Averages:
MA(7) has crossed below MA(25) – indicating bearish short-term sentiment.
Price is still above MA(99), so long-term trend still holds some strength.
Volume: Spike in volume on the red candle suggests panic selling — possible local bottom?
Buyer Sentiment: 91.59% in Order Book are buyers — strong buying interest!
📊 Performance:
7 Days: +24.14%
30 Days: +372.24%
90 Days: +527.53% 🔥
💡 Buy or Wait?
👉 Short-term traders:
Wait for confirmation of bounce above $0.0425–$0.0430 range.
If it fails to hold $0.0385 support, expect further drop to around $0.035 area.
👉 Long-term holders:
Still up over 500% in 90 days. This dip could be a buy-the-dip opportunity if you're holding for weeks/months.
Accumulate slowly in parts; avoid full entry at once.
📲 What’s your move — BUY or SELL? Comment below! 💬👇
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