๐จ $PENGU /USDT โ Cooling Off or Ready for Round 2? ๐ง๐ฅ
$PENGU is trading at $0.014464 (-1.26%), down from its 24h high of $0.016800. With RSI drifting toward neutral and volume stabilizing, is a bounce comingโor are we heading into deeper waters?
๐ Market Overview
๐ Current Price: $0.014464
๐ 24h High: $0.016800
โ๏ธ 24h Low: $0.013798
๐ Parabolic SAR: Around $0.01376 (still under bullish structure)
๐ MACD Momentum:
DIF: Losing steam, slight bearish divergence forming
DEA: Flattening
MACD: Narrow histogramโtrend in decision zone
๐ PENGU Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If PENGU Holds Above $0.01420):
Entry: Above $0.01470
Targets: $0.01547, $0.01680, $0.01719
Stop-Loss: $0.01370
๐น Bearish Scenario (If PENGU Breaks Below $0.01370):
Entry: Below $0.01370
Targets: $0.01205, $0.01034, $0.00901
Stop-Loss: $0.01470
๐ Should You Hold or Sell?
โ Volume still decent (725M+)โwatch for breakout confirmation
โ RSI at 38.97 = not oversold, but room to drop if support breaks
โ Weak MACD + sideways range = caution on aggressive longs
๐ก Pro Tip:
๐ Watch for reclaim of $0.01547 with strong volumeโthat could trigger another meme wave
โ ๏ธ Avoid knife-catching under $0.01370 unless you see clear bounce confirmation
๐ข Whatโs your play on PENGUโbuying the dip or waiting for confirmation? Drop your thoughts below! ๐ง๐ง
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