$PENGU USDT
PENGU is showing a clean recovery after defending the 0.0106 demand zone. Price has pushed back above short-term moving averages, and momentum is slowly shifting bullish.
What the chart shows
• Price trading near 0.01118, holding above MA(7) and MA(25)
• Higher lows forming after the sharp sell-off, suggesting buyers are stepping in
• Volume is stabilizing, no panic selling at current levels
• MACD is turning positive with histogram flipping green, an early momentum signal
Key Levels
• Support: 0.0110 – 0.0106
• Resistance: 0.01145 then 0.01170
Outlook
As long as price holds above 0.0110, continuation toward 0.01145–0.0117 is possible. A rejection from resistance could lead to short-term consolidation before the next move.
Bias: Cautiously bullish
Risk: Loss of 0.0110 may bring a retest of 0.0106
