$PENGU

4hr time frame analysis 🔎

📊 Price Action Overview

•Current Price: $0.033782 ✅

•24H High: $0.070000 🚀 | 24H Low:

0.003375 🔻

•+900% Surge with massive volatility ⚡.

🔥 What Happened?

•Big Green Candle: Price pumped ~2000% to $0.070000.

•Pullback: Retraced into $0.024 - $0.037 range, now consolidating 🟡.

📉 Key Levels

•Support: $0.003375 🔻

•Resistance: $0.037 and $0.070 🚧

📈 Indicators & Volume

•Volume spiked but cooling off. Second wave needed for a breakout.

•Watch for RSI (cooling from overbought) and MACD signals.

🎯 Strategy

•Bulls 🐂: Breakout above $0.037 → Target $0.070 🚀.

•Bears 🐻: Breakdown below $0.024 → Short to lower supports.

⚠️ Final Note

High Risk, High Reward 🚨: Tight risk management is key in this volatile zone! ⚡