Will $PENGU soar higher?

Since the PENGU token is relatively new, the future of the altcoin is quite uncertain. Following the rapid increase in the asset's value, a correction phase may follow. Interestingly, the Relative Strength Index (RSI) on the 4-hour chart shows 59.91, indicating that buyers are still in control, although the gradient suggests that lower prices are possible.

The MACD indicator remains bullish, with the MACD line (blue) continuing to move above the signal line (red). Additionally, the MACD histogram is also bullish. If the broader market maintains bullish momentum, investors might expect PENGU to retest $0.05 in the future.$VIB $VANA