$PENGU
experienced a strong recovery, trading closer to its 24h high. The substantial trading volumes (4.51 billion PENGU tokens exchanged) and active order book suggest heightened interest in the market. The recent price action indicates bullish sentiment but with possible short-term resistance around the 0.040916 level.
Key Observations:
The price is in a volatile range, with strong buying interest likely around 0.033240 (24h low).
The bullish momentum could be sustained if the price breaks above 0.040916 USDT, supported by increased trading volumes.