$PENGU was considered dead for months, but it's now making a strong comeback. Interestingly, the same so-called “experts” who hyped it up before its crash to $0.016 are now urging people to buy again.
🚨 A Word of Caution:
Don’t blindly trust every post you see—especially when they all echo the same message. While $PENGU has shown a brief burst of momentum over the past few days, we know such rallies eventually slow down. A pullback is likely—though how deep it will be is hard to predict. PENGU is highly volatile, but it doesn’t seem like it will give up all its recent gains. This price movement doesn’t signal a moonshot, but it does show the project isn’t dead and might be turning a corner.
📉 Key Levels to Watch:
Resistance: $0.035 — the same level where the price crashed six months ago.
At the time of writing, it has already broken below the $0.032 support level.
📊 My Strategy Advice:
If you're willing to take some risk, capitalize on the dip. Use Fibonacci retracement to set a smart take profit target.
Prefer low-risk? Then stick to spot trading: buy during this dip and consider selling once it breaks past $0.035—a move that could push it beyond $0.040.
💭 Final Thoughts:
I’d love to see $PENGU reach $1—but realistically, that won’t happen this year, and probably not next year either. That said, it does have a more solid foundation than many altcoins, thanks to its NFTs and merchandise, which provide real-world backing beyond just hype. If we approach it with caution and smart trading, there’s potential to grow solid capital here.
📉 Current Price: $0.030889 (−8.72%)
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