🐧 $PENGU /USDT — Is the Ice Finally Melting? After a brut
CryptoPotato
Updated at: 6 hours ago
{"content":"🐧 $PENGU /USDT — Is the Ice Finally Melting?
After a brutal downtrend early in the year, PENGU appears to be waking from hibernation. Today’s strong +14.77% daily candle is testing overhead resistance as short-term MAs converge.
📊 Current Stats:
Price: $0.01234
MA7: $0.01003
MA25: $0.00995
MA99: $0.00931
📈 Structure & Momentum:
Price is now above all 3 key moving averages, a classic early breakout signal
99MA is flattening — often a precursor to trend reversal
Higher lows since March confirm accumulation zone
Volume spike + price close at highs = bullish conviction
🧊 Resistance to Watch:
Local resistance near $0.013–$0.015
If broken, next target zone sits around $0.018–$0.020
📉 Support Zone:
$0.0100 is now acting as short-term support
Below that, $0.0090 (MA99) is a key defense
🔥 Conclusion:
PENGU might just be gearing up for a meme-fueled comeback. The chart suggests bulls are stirring, but confirmation lies above $0.015. Until then, cautious optimism is the vibe.
⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/28/df9f73bf61ec45e390820981991bdbb0.png"],"tags":[],"tradingPairs":["PENGU/USDT"],"quotearticleid":0}