PENGU Reclaims Resistance Zone at $0.036, but the Supertrend at $0.03838 Remains the Key Hurdle๐Ÿš€๐Ÿง

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๐Ÿง PENGU reclaims $0.036 resistance backed by volume, with $0.03838 Supertrend acting as resistance.

Whale inflows of $3.76M boost confidence as ๐ŸงPENGU leads large-cap meme token accumulation.

TD Sequential โ€œBuy 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 โ€œBuy 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 โ€™s 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.