$PENGU : EXPLOSIVE MOVE WITH 985% SURGE – CAN THE RALLY CONTINUE? surely will hit high
The $PENGU pair has delivered a monstrous surge of +985.13%, skyrocketing to $0.036623 from a low of $0.003375 in the last 24 hours. The sharp upward momentum is evident with $PENGU testing a critical resistance level at $0.037183, marking its local high. If the price successfully breaks above this level with strong volume, we could witness another leg up, with the next psychological target being $0.070. However, the rapid nature of this move highlights the potential for a pullback as traders take profits.
On the downside, immediate support lies around $0.033348, which must hold to sustain bullish momentum. A break below this level could open the door for further retracement toward $0.029512, offering re-entry opportunities for traders. With volatility at extreme highs and volume surging to 19.48B, PENGgU remains a hot coin to watch for its next breakout or correction. Traders should closely monitor price action for confirmation signals and manage risk effectively as this parabolic move unfolds.
