Pudgy Penguins ($PENGU ), here's the short-term target analysis:
Short-term Target:
Support Level: Around $0.025, which has acted as a key stabilization point during recent corrections.
Resistance Level: The immediate resistance is at $0.038, with potential to test $0.040 if market momentum and NFT ecosystem growth continue.
Trend:
Neutral to Slightly Bullish: The current market sentiment is cautious but leans slightly bullish, supported by growing interest in the Pudgy Penguins ecosystem. A breakout above $0.038 could lead to increased upward momentum.