$PENGU #MyCOSTrade

Solana-based Meme Coins: PENGU eye further gains as selling pressure wanes

PENGU struggles to overcome the 78.6% Fibonacci level at $0.03717, which is drawn from $0.07000 on December 17 to $0.00370 on April 9. A decisive push above this level could fuel a reversal rally to the $0.04714 level marked by the high of January 6.

On the flip side, a reversal in PENGU from the $0.03717 resistance could retest the $0.02893 support level, marked by the July 15 low.