$PENGU hits key support at $0.0318. Can holders brave the cold? 🐧
📉 $PENGU has slid down to a critical technical level at $0.0318, right on the Fibonacci 0.786 and 100-day MA.
🔍 Indicators show short-term weakness:
• RSI: 53.2 → neutral zone
• MACD: bearish crossover
• Volume: -18% → fading momentum
📊 If it rebounds here, targets are $0.0332 and $0.0345.
⚠️ But if it breaks below $0.0315, next support sits at $0.0302 (MA200).
Narrative drivers:
• DAO activity heating up
• Web3 partnerships gaining traction
• Community waiting for the NFT game launch
💬 Are you accumulating or waiting for the thaw?