🐧 $PENGU /USDT — Volume explosion, is the next phase coming?
PENGU is trading near 0.006710 (+3.34%) after bouncing from the low at 0.006493 and testing the high at 0.007324. A large amount of tokens, 1.82 billion → strong interest from traders. The current price is below the moving average cluster (0.0068–0.0069 area) → short-term resistance active. 🔎 Key levels ✔ Immediate support: 0.00649 – 0.00644 ✔ Major support: 0.00626 ✔ Resistance zone: 0.00690 – 0.00732 📌 Break above 0.00732 → momentum push toward 0.0077–0.0080 📌 Losing 0.00644 → correction toward the 0.00620 area 🎯 Momentum outlook Holding above 0.00649 keeps the bulls alive in the short term. Regaining MA99 (0.00692) → potential continuation of the trend. NFT + meme coins are moving quickly once the breakout is confirmed 👀 #pengu #MemeMomentum #MarketRebound
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
🐧 $PENGU /USDT — Volume explosion, is the next phase coming?
PENGU is trading near 0.006710 (+3.34%) after bouncing from the low at 0.006493 and testing the high at 0.007324.
A large amount of tokens, 1.82 billion → strong interest from traders.
The current price is below the moving average cluster (0.0068–0.0069 area) → short-term resistance active.
🔎 Key levels
✔ Immediate support: 0.00649 – 0.00644
✔ Major support: 0.00626
✔ Resistance zone: 0.00690 – 0.00732
📌 Break above 0.00732 → momentum push toward 0.0077–0.0080
📌 Losing 0.00644 → correction toward the 0.00620 area
🎯 Momentum outlook
Holding above 0.00649 keeps the bulls alive in the short term.
Regaining MA99 (0.00692) → potential continuation of the trend.
NFT + meme coins are moving quickly once the breakout is confirmed 👀
#pengu #MemeMomentum #MarketRebound