$PENGU experienced a significant bullish movement, rising from approximately $0.020 to its current price of $0.037. This upward momentum is accompanied by an increase in trading volume, indicating strong buyers. Currently, PENGU is trading at $0.03707, reflecting a growth of 4.43% over the last 24 hours.

However, the Relative Strength Index (RSI) is at 61.53, signaling that the token may be approaching overbought conditions. If the RSI exceeds 70, resistance may arise, potentially halting the upward trend. The Moving Average Convergence Divergence (MACD) also confirms the bullish trend, showing a positive crossover with rising histogram bars.

This technical indicator further supports the idea that PENGU may continue its upward trend in the near future. Investors should closely monitor key support levels at $0.030 and $0.025. Previously, these zones were strong during consolidation periods. Resistance levels at $0.038 and $0.040 are crucial to watch. A breakout above these levels could push PENGU to even higher prices.$STG $TURBO #币安Alpha公布第6批项目代币 #BtcNewHolder