🚀 $PENGU Analysis & Price Target 🚀

Market Overview 📝

$PENGU has shown an explosive breakout, surging by +1480.86% in the last 24 hours. The price climbed from a 24h low of $0.003375 to a high of $0.070000, before settling at its current level of $0.053354. The surge is backed by significant trading volume of 2.88B $PENGU and 151.01M USDT, indicating strong buying momentum.

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Key Price Levels 📊

Current Price: $0.053354

24h High: $0.070000

24h Low: $0.003375

Resistance Levels:

Short-term: $0.070000 (recent high)

Next Target: $0.085000 (if momentum sustains)

Support Levels:

Immediate: $0.048900 (MA 99)

Strong Support: $0.024473

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Technical Indicators 📈

MA (7-Day): $0.073332 → Short-term resistance.

MA (25-Day): $0.053354 → Price hovering near this level, signaling consolidation.

MA (99-Day): $0.048902 → Strong support base, indicating bullish structure.

🔍 Volume Analysis: With over 2.88B PENGU traded in 24 hours, the demand remains high. This level of activity suggests strong investor interest and potential for continued movement.

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Price Targets 🎯

1. Immediate Target: $0.070000

2. Short-Term Target: $0.085000 (if momentum sustains above resistance).

3. Long-Term Potential: $0.10 and beyond, depending on market sentiment and volume continuation.

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Key Observations 🧠

The price surge and strong volumes indicate high volatility and significant upside momentum.

A sustained break above $0.070000 could push PENGU to new highs, with $0.085000 as the next immediate target.

Traders should watch for support around $0.048900 (MA 99) in case of pullbacks.

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