GEARING UP FOR BULL RUN ❓or GOING MORE DOWN ❓$PENGU /USDT STRUGGLING – WILL IT RECOVER OR DUMP FURTHER❓$PENGU /USDT is showing weakness, trading at $0.010023 after hitting a low of $0.009836. A slight bounce is forming, but bearish pressure remains strong.
💰Price: $0.010023
✅24h High: $0.010509 | 24h Low: $0.009836
🔑Key Levels to Watch:
✅Support: $0.009800 → If lost, expect a deeper drop.📉
✅Resistance: $0.010200 → A break above could push PENGU towards a recovery.
✅Trade Setup:
✅Entry: $0.010023
🎯Targets: $0.010250 | $0.010500 | $0.010850
✅Stop Loss: $0.009700
✅Market Insights:
MACD remains flat, and volume is low, signaling a weak trend. If buying volume increases, a relief bounce may occur. Otherwise, further downside is possible. Watch for a breakout or breakdown.