📉 $PENGU / USDT Market Analysis
🔹 Price: $0.036628
🔹 24H Change: -1.32% 🔻
🔹 24H High: $0.039488
🔹 24H Low: $0.034344
🔹 24H Volume ( $PENGU ): 5.88B
🔹 24H Volume (USDT): 215.56M
🕒 15-Minute Chart Observations
The price has retraced from the 24H high of $0.039488 and is currently at $0.036628.PENGU is trading below the MA7 ($0.037132) and MA25 ($0.037023), indicating short-term bearish momentum.However, the price is slightly above the MA99 ($0.036251), suggesting potential support in this area.The 24H low of $0.034344 could act as a critical support zone if the bearish momentum continues.
🛠 Key Insights for Traders
A breakout above $0.0372 (MA7 and MA25 levels) may signal a bullish reversal.Watch for support at $0.0343 in case of a continued downward trend.Volume levels remain significant, suggesting active market participation, which could lead to sudden price movements.
💡 What’s Next for PENGU?
Are you buying on the dip, waiting for confirmation, or trading the volatility? Share your thoughts and strategy in the comments below!
