$PENGU Token Technical Analysis 📉

The PENGU token, launched by Pudgy Penguins, saw an initial surge to $0.039 before dropping to its current price of $0.032, showing high volatility.

Support Level: $0.031

Resistance Level: $0.033

With limited data available, indicators like RSI and MACD are not yet effective. However, the price seems to be consolidating around the support level of $0.031, with resistance near $0.033. A breakout above $0.033 could signal further upward movement, while a drop below $0.031 may signal a bearish trend.

Monitor these levels for potential entry or exit points.

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