$PENGU is approaching a key level at $0.03194. If it breaks the support at $0.031516, the price could drop further to $0.030140, offering a strong bearish opportunity.

However, if it fails to break this support, the price is likely to bounce back toward the resistance at $0.034439, presenting a potential bullish move.

Keep an eye on these levels for a clear trade setup and act accordingly.

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