📊🐧 $PENGU Technical Check: Will It Bounce or Break? 🐧📉
The crypto market is volatile right now, and $PENGU is no exception. Let’s break down the latest support and resistance zones you need to watch! 🔍📈
🟩 Support Zone $PENGU is holding strong near $0.0325, where the 25 EMA (purple) is acting as a key support. This level has cushioned the latest dip, but if the market weakens further, bulls must step up fast. 💪📉
🟥 Resistance Zone Upside resistance is stacked at $0.0353 to $0.0360, in line with the 7 EMA (yellow). A clean break above this area could trigger momentum toward the recent high of $0.0466. 🚀
📈 MACD Momentum MACD remains slightly bearish but shows signs of flattening. A bullish crossover could hint at a trend shift - stay alert! 🔄
📉 Volume Snapshot With over 2.8 billion PENGU coin traded in the past 24 hours, the volume is still decent. However, buyers need stronger momentum to challenge resistance. 🔥
⚠️ Final Word Watch the $0.0325 support closely. If it holds and price pushes back above the 7 EMA, a short-term rebound is possible. But if support breaks, deeper correction may follow.
💡 Always trade with a plan. Let the chart speak, and manage your risk wisely!
#PENGU #CryptoUpdate #SupportAndResistance #TechnicalAnalysis #PENGUUSDT #BullishVsBearish 🧠📉📈