The $PENGU trading pair has experienced a notable surge of +21.60% in the past 24 hours, reaching a current price of $0.031412.
This increase follows a low of $0.025631, reflecting strong upward momentum and heightened market activity.
Key Metrics:
Current Price: $0.031412 (+21.60%)
24h High: $0.031906
24h Low: $0.025631
24h Volume:
$PENGU: 4.26 billion
USDT: 122.80 million
Market Depth:
Bid (Current Buy Price): $0.031412
Ask (Highest Sell Price): $0.031906
Binance Depth Range: $0.024473 to $0.003375
Price Action & Analysis:
The price of PENGU has shown steady growth, driven by significant trading volume and bullish market sentiment.
The 4.26 billion PENGU traded over the last 24 hours highlights strong interest.
Bullish Momentum: The sharp increase from $0.025631 to $0.031412 suggests rising demand and a bullish outlook.
The price could test resistance near $0.031906.
Support Levels: If a pullback occurs, support may be found around $0.025631.
Short-Term Outlook:
The upward trend for Pengu could persist, especially if the price breaks through its current resistance at $0.031906.
Continued monitoring of trading volume and market sentiment is crucial for gauging potential price movements.