The $PENGU /USDT pair has shown a strong bullish movement, reaching a 24-hour high of 0.010844 before experiencing a pullback to 0.010461, marking a 7.23% gain. The moving averages indicate a short-term uptrend, with the 7-day MA at 0.010579 slightly above the current price, suggesting a possible resistance zone. Volume remains strong, with 2.12 billion PENGU traded, confirming market interest. Traders should watch for a potential rebound if the price holds above 0.010399 support or be cautious of further dips if it breaks below the 25-day MA at 0.010550. A break above 0.010844 could trigger a fresh rally, making it a key level to watch.

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