$PENGU /USDT On the Verge of a Potential Turnaround! $PENGU is trading at $0.014404, showing a significant decline of -5.89% over the past 24 hours. After hitting a daily low of $0.014150, the price is attempting a recovery, but selling pressure remains high.
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PEPE
0.007511
-10.92%
Critical Levels to Watch:
Resistance: $0.015218 – A breakout above this level is crucial to signal bullish momentum.
Support: $0.014150 – A break below this support may lead to further declines.
Indicators Overview:
RSI: At 40.71, nearing oversold territory, suggesting a potential bounce.
MACD: Currently bearish, indicating weak momentum.
Possible Scenarios:
Bullish Case: Recovery above $0.015218 could target $0.015600 and higher, sparking renewed interest.
Bearish Case: A failure to hold above $0.014150 might push the price towards $0.013800, testing stronger support zones.
📊 Stay cautious and monitor for increased volume to confirm any directional move. Traders should use tight stop-losses to manage risks effectively!