Support Levels:
* Immediate Support:
* Around $0.0097 - $0.0090: This level has been identified as an area where buyers have recently stepped in after dips, suggesting it's a key level to watch in the very short term.
* $0.0087 - $0.0090: Another source indicates this as immediate support.
* $0.0082: This is mentioned as another potential support zone.
* Minor Support: Lower levels near short-term moving averages (though specific values aren't consistently provided for the next 8 hours).
* Significant Support:
* $0.005: This level is highlighted as a breakout zone; as long as the price holds above it, the potential for an upward move remains strong.
* $0.0034 - $0.0046: Identified as a key demand zone where price has reacted strongly.
* Other Mentioned Support Levels (for a broader timeframe): $0.005 / $0.004/ 0.002, 0.01146 (a level PENGU was resting on recently), 0.02450 (historically a key rebound zone), 0.023 (lower boundary of a falling wedge pattern in a previous analysis).
Moving Averages:
It's challenging to give precise moving average levels for the next 8 hours as these are constantly updating. However, based on recent analysis:
* Short-term Moving Averages (MA5, MA10, MA20): Recent analysis (from around 4 days ago) indicated these were acting as buy signals at that time (around $0.000027 - $0.000029, a significantly lower price point, so this is outdated for the current price).
* 50-day EMA: Around $0.0063 (mentioned as potential resistance in a slightly longer timeframe analysis). Another source from March 2025 placed it around $0.0065 as short-term resistance.
* 200-day EMA: Around $0.0092 (mentioned in a mid-March analysis as long-term resistance).
General Observations on Moving Averages:
* PENGU has been trading below its longer-term moving averages (50 and 200 day EMAs) in analyses from a few weeks ago, suggesting bearish sentiment over a broader timeframe at that point.
* More recent short-term price surges have likely placed the current price above some shorter-term moving averages, indicating recent bullish momentum.
To get the most accurate moving average levels for the next 8 hours, you would typically need to consult a real-time charting platform. However, the general idea is that:
* Short-term MAs (e.g., 10, 20 period on an hourly chart) will likely be below the current price if the recent bullish momentum continues, acting as dynamic support.
* Longer-term MAs (e.g., 50, 100, 200 period) will likely be above the current price and could act as resistance if the price continues to climb.
In summary, for the next 8 hours, pay close attention to the support levels around $0.0097 - $0.0090. If these hold, bullish continuation is possible. If broken, further downside towards $0.0082 and potentially lower could occur. Moving averages should be monitored on shorter timeframes (e.g., hourly charts) to identify dynamic support and resistance levels as they evolve.
