$PENGU /USDT – Simple Trade Setup
PENGU has been going down for a while, but the drop is slowing. On the 1-hour chart, the price is starting to look stronger — it is now above the 50 and 200 EMAs, and the RSI is above 50, which shows buyers are gaining control.
The buy signal is when the price breaks above 0.011458.
If that happens, the price could move up toward 0.011655, which is the next target.
This is a short-term bullish setup, even though the bigger trend is still down.
PENGU
0.011427
-0.29%
