$PENGU Skyrockets – Will the Rally Continue or Fade?

PENGU

0.027764

+722.63%

$PENGU /USDT is trading at $0.028021, up an impressive 730.25% in the past 24 hours, marking a parabolic rally from a low of $0.003375 to a high of $0.070000. The rapid rise was followed by a notable pullback as traders booked profits, sending the RSI down to 34.80.

MACD is signaling weak momentum, but the significant increase in volume reflects growing interest in the instrument. If PENGU sustains above the $0.0280 area, we could see buyers return to stabilize the price and trigger a secondary rally. Caution is advised as volatility remains very high. Look for consolidation at these levels for the next directional move