PENGU is currently trading at $0.03093, showing a -1.31% move on the day but recovering steadily after finding strong support at $0.02967. The 15-minute chart reveals a promising bounce and consolidation, with momentum building after a dip from the recent high of $0.03375.
The RSI at 73.39 indicates strong bullish pressure, nearing overbought territory — a sign that buyers are aggressively stepping in. The MACD is turning positive, showing early bullish crossover momentum as volume starts to increase.
📈 Key Levels:
Resistance: $0.03375
Support: $0.02967
🎯 Buy Zone: $0.03030 – $0.03090
🛡 Stop Loss: Below $0.02960
🎯 Target 1: $0.03250
🎯 Target 2: $0.03375 and higher
🔥 My Take:
If PENGU holds above $0.03030, it could continue pushing toward $0.03375. Watch for a clean breakout above the short-term resistance zone to confirm strength. Keep your stop loss tight to manage downside risk.