$PENGUIN Attempting Bullish Recovery ๐ง๐
$PENGUIN is showing renewed buying momentum after rebounding from the 0.00252 local low and climbing back above the 0.0030 level. The token is currently up more than 8%, with volume activity increasing on the latest move higher.
Current chart structure suggests:
๐ Strong bounce from key support
๐ Rising volume supporting recovery momentum
โก RSI moving into bullish territory
๐น Buyers attempting to regain short-term control
The 1H chart shows improving momentum after a prolonged consolidation phase. If bulls maintain support above the 0.0030 zone, traders may look for continuation toward the recent resistance area.
Key levels to watch:
๐น Support: 0.0029 โ 0.0030
๐น Resistance: 0.0032 โ 0.0037
Volatility remains active, especially in low-cap meme tokens, so traders should remain cautious while momentum develops.
#PENGUIN #Memecoin #Crypto