$PENGU ’s Meteoric Rise – Stability or Another Surprise?
$PENGU /USDT has surged to $0.028244, marking an impressive 736.86% jump in 24 hours. The price skyrocketed to a high of $0.070000 before retracing, signaling an overheated move as traders locked in profits. Current consolidation around this zone reflects cautious interest, with RSI at 36.99, suggesting the asset is nearing stability but remains volatile.
With volume still significant at 12.5B, buyers may look to regain momentum. If PENGU can hold its ground above the $0.0282 range, this could pave the way for a fresh attempt at recovery. However, failure to sustain these levels might lead to further declines. Keep a close eye on trading signals for the next directional push.