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PENGU Primed for Liftoff? Bullish Retest Signals 180% Move Ahead


by Olivia Stephanie
for CryptoPotato
PENGU Primed for Liftoff? Bullish Retest Signals 180% Move Ahead

TL;DR

  • PENGU forms bullish retest at $0.035, setting the stage for a potential rally toward $0.09.
  • Cluster of EMAs and Fib level near $0.03178 offers short-term support for PENGU.
  • Volume profile shows strong buyer interest at $0.032–$0.033, supporting the current consolidation range.

Price Pullback Tests Key Support

PENGU was trading at $0.033 at the time of writing, showing a 24-hour decline of 6% and a 7-day drop of 4%. This pullback follows a breakout from a downward channel that started in late July.

Read the article at CryptoPotato

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PENGU Primed for Liftoff? Bullish Retest Signals 180% Move Ahead


by Olivia Stephanie
for CryptoPotato
PENGU Primed for Liftoff? Bullish Retest Signals 180% Move Ahead

TL;DR

  • PENGU forms bullish retest at $0.035, setting the stage for a potential rally toward $0.09.
  • Cluster of EMAs and Fib level near $0.03178 offers short-term support for PENGU.
  • Volume profile shows strong buyer interest at $0.032–$0.033, supporting the current consolidation range.

Price Pullback Tests Key Support

PENGU was trading at $0.033 at the time of writing, showing a 24-hour decline of 6% and a 7-day drop of 4%. This pullback follows a breakout from a downward channel that started in late July.

Read the article at CryptoPotato

Read More

Immutable (IMX) Re-enters Crypto’s Top 100 Club: Is This Just the Beginning?

Immutable (IMX) Re-enters Crypto’s Top 100 Club: Is This Just the Beginning?

IMX soared to a level last observed four months ago.
Ripple Price at Crossroads: Will XRP Rip or Dump Next?

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XRP retests breakout after ascending triangle. EGRAG CRYPTO outlines key levels and t...