$PENGU 🚨 PENGU/USDT – Critical Zone Alert! 🚨
📊 Current Price: $0.041971
🔼 24H High: $0.045895
🔽 24H Low: $0.041715
PENGU has been flying high lately 🐧🚀, but signs of exhaustion are creeping in. The daily chart shows that the price recently tapped strong resistance near $0.0466, and has since struggled to break higher. 🧱
📉 Support Levels:
⚫ $0.0402 – EMA 7 (short-term bounce zone)
⚫ $0.0313 – EMA 25 (medium-term support)
⚫ $0.0192 – EMA 99 (long-term accumulation zone)
📈 Resistance Zone:
🔺 $0.0460 - $0.0466 — sellers are stepping in hard here
🔺 Breaking above this level with volume could ignite the next leg up! 🔥
🔍 Volume Analysis: Decreasing volume on green candles may signal weakening momentum. Bulls need to step up soon or risk a pullback to $0.031 or lower.
⚠️ Bearish Scenario: If support at $0.040 breaks, we could see a deeper correction towards $0.0316 or even revisit the $0.0147 zone. The purple arrow shows potential downside danger 👇
✅ Bullish Confirmation Needed: Close above $0.0466 with strong volume will invalidate the correction setup.
🧠 Tip for Traders: Always combine EMA levels, volume trends, and candle patterns for better entry/exit planning. Risk management is key! 🎯
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