$PENGU 🚨High quality analysis

$PENGU/USDT Support & Resistance Update 📈🐧

The market is heating up for $PENGU, and it’s time to zoom into the key zones traders are watching! 🔍🔥

🟩 Support Zone:

Strong support is currently forming around $0.0325 – backed by the 25 EMA (purple line). This level has held firm after the recent dip and could act as a potential bounce zone if bulls step in. 📉💪

🟥 Resistance Zone:

Upside resistance sits near $0.0353–$0.0360, aligned with the 7 EMA (yellow line). A breakout above this level could trigger momentum back toward the recent high of $0.0466 🚀

📊 MACD Momentum:

The MACD is slightly bearish but flattening — a signal that selling pressure may be weakening. Keep an eye out for a crossover, which might confirm a bullish reversal! 🔄📈

📉 Volume Insights:

With over 2.8B $PENGU traded in the last 24h, interest is still alive — but a strong push is needed to break through resistance.

🔍 Conclusion:

If price holds the support and reclaims the 7 EMA, we could see a short-term recovery. However, losing the $0.0325 level might open the door to deeper retracement. ⚠️

📌 Trade Smart – Identify your risk zones and let the chart do the talking!

#PENGU #CryptoAnalysis #SupportAndResistance #TradingView #BullishOrBearish 🧠📉📈$PENGU