$PENGU
Skyrockets – Will the rally hold or fade away?
$PENGU /USDT is trading at a price of $0.028021, which surprisingly is 730.25% higher over the last 24 hours, marking a parabolic rise from its low of $0.003375 to a peak of $0.070000. The rapid increase was followed by a notable correction as traders take profits, bringing the RSI to 34.80.
The MACD indicates a weakening momentum, but a significant spike in volume reflects increased interest in this asset. If PENGU holds above the $0.0280 zone, we may see buyers re-enter the market to stabilize prices and support a secondary rally. Caution is advised as volatility remains extremely high. Watch for consolidation at these levels for the next directional move.
