$PENGU Showing Strong Gains but Recent Pullback on the 4-Hour Chart! š
$PENGU is currently trading at $0.012360, showing an impressive +19.66% gain over the last 24 hours! However, the latest 4-hour candle indicates a significant pullback of -7.57%, suggesting some profit-taking or a potential short-term correction.
š Key Observations:
ā¬ļø 24h High: $0.014190
ā¬ļø 24h Low: $0.009724
š° Current Price: $0.012360
š 24h Change: +19.66%
š Recent 4h Change: -7.57%
š¤ What to Watch For?
The $0.012000 level could act as immediate support. If this level holds, we might see a consolidation phase or a potential bounce. However, a break below could lead to further downside. Keep an eye on volume to gauge the strength of the current pullback. The 24-hour high of $0.014190 remains a key resistance level to overcome for continued upward momentum.
ā ļø Be aware of the high volatility often associated with newly trending coins. Trade responsibly and manage your risk.
ā”ļø Buy and Trade $PENGU here! [Link to PENGU/USDT on Binance]
