$PENGU /USDT Under Pressure — Needs to Reclaim 0.033–0.036 Zone to Regain Bullish Momentum
PENGU is currently trading at $0.031657 (+2.4%), attempting a minor bounce from the recent low of $0.030349, but still sitting below critical short-term moving averages — MA-7: 0.03312 and MA-25: 0.03601 — indicating that sellers remain in control in the near term.
Upside Targets (if recovery strengthens):
• $0.03279 (24h high / first resistance)
• $0.03312–0.0360 (MA-7 & MA-25 zone — major reclaim area)
• $0.0405 ➝ $0.0466 (higher resistance band)
Supports:
• $0.0303 (24h low)
• $0.0253
• $0.0213 (MA-99)
Bias: Bearish-to-neutral while below $0.033–0.036 — only a strong close back above this range will flip structure bullish again. Otherwise, risk remains for further downside toward $0.030 ➝ $0.025 support levels.
