🐧 $PENGU
/USDT – Key Levels Heating Up 🔥
$PENGU is at a pretty interesting spot right now. After holding up well on the recent dip, the chart is starting to show signs that something could be brewing. Let’s dig into the zones that matter:
🟩 Support – $0.0325 Holding Strong
This area has quietly become the base to watch. Sitting right on the 25 EMA, it's where buyers have been stepping in to stop the bleeding. If the bulls want to stay in the game, this level has to hold.
🟥 Resistance – $0.0353 to $0.0360
This is where things get tricky. Price has been struggling to push through the 7 EMA sitting just above, and until that breaks, it’s tough to get excited. But a clean move above this zone could open the door back toward the recent high at $0.0466.
📉 MACD – Losing Steam, or Reloading?
Momentum has cooled down a bit, with the MACD slightly bearish — but we’re not out of the race just yet. It's flattening out, and if we see a bullish crossover, that could be the green light for a shift in sentiment.
📊 Volume Still Impressive
Over 2.8 billion $PENGU traded in the last 24 hours. That tells us people are watching closely — but volume alone won’t carry it. We’ll need conviction behind the move to break through resistance.
🔍 Final Thoughts:
This could go either way. If price holds above $0.0325 and reclaims the 7 EMA, we could be looking at a short-term bounce setup. But if that support cracks, we might see a deeper pullback first.
🎯 Play it smart. Know your levels. Let the chart tell the story.
#ProjectCrypto #MarketPullback #WhiteHouseDigitalAssetReport #EthereumTurns10 #BinanceHODLerTree