🐧 $PENGU /USDT – Pullback in Play After Resistance Rejection 🔄📉
$PENGU faced rejection near the $0.0461 level and has started to retrace. The $0.030 area is currently acting as a demand zone where buyers may look to step in. A minor dip could help the price gather liquidity before the next potential leg up.
📍 Key Levels:
• Support: $0.0300
• Resistance Zone: $0.0420 – $0.0450
🔎 Outlook:
If $0.030 holds firm as support, we may see a bullish reversal with price targeting the $0.042 – $0.045 zone. Keep a close watch on volume and price reaction at the support area — that will be key for confirmation.