👽✌🏻The price of PENGU is showing a strong bullish momentum in the short term, with an increase of 3.52% in the last 24 hours and a high trading volume ($541.93 million in USDT). However, the technical indicators (especially the RSI and the Stochastic) suggest that the asset is in overbought territory.
Market Pressure
In my opinion, the buying pressure is strong and has dominated the market, but the selling pressure is increasing due to overbought levels, which could lead to an imminent correction.
@AlondraCripto
PENGU 👽✌🏻❤️🔥🚀
