PENGU at Support - Fed Decision Could Spark Big Move! 🐧
Currently trading around $0.0375, $PENGU is perched on a key support zone near the 10‑day SMA / lower Bollinger Band - historically a setup that has preceded strong bounces in recent weeks.
If today’s Fed interest rate decision brings optimistic tone, signaling rate cuts or dovish guidance, Pengu could rally quickly toward $0.044, tapping upper resistance levels set in recent weeks.
⚠️ Conversely, if the Fed signals a hawkish stance (higher-for-longer rates), that same setup could trigger a sharp drop, sending Pengu back toward or below support.
Very clean risk/reward setup. Support in place, clear upside target, but high Fed sensitivity. 🧠