PENGU Reclaims Resistance Zone at $0.036, but the Supertrend at $0.03838 Remains the Key Hurdle๐๐ง
--------
๐ง PENGU reclaims $0.036 resistance backed by volume, with $0.03838 Supertrend acting as resistance.
Whale inflows of $3.76M boost confidence as ๐งPENGU leads large-cap meme token accumulation.
TD Sequential โBuy 9โ signal and RSI near 53 indicate potential short-term recovery underway.
Pudgy Penguins (PENGU) has reached a key support level at $0.0315, a zone backed by strong volume activity. The TD Sequential indicator has triggered a โBuy 9โ signal, often seen near the end of a downward phase. At the time of writing, PENGU was trading at $0.03531, showing signs of price stabilization.
echnical Setup Points to Short-Term Recovery if $0.036 Is Reclaimed
Ali Martinez noted that $PENGU โs rebound from $0.0315 could mark the beginning of a short-term recovery. The support level has previously attracted high trading volume, indicating sustained buyer interest. This structure is reinforced by the TD Sequential buy signal, which often precedes trend reversals.