Current price is sitting around $0.01433, showing clear downward pressure with a -6.5% move in the last 24 hours. After the recent slide and weak recovery attempts, the chart is flashing warning signs. On the 1H timeframe, bearish candles continue to dominate, hinting that sellers still have control and momentum may be building for another leg down.
If price loses the local support near 0.01410 with solid volume, the drop can accelerate sharply — opening the door for a deeper correction. But if buyers defend the zone and push above 0.01455, the short-term trend could flip.
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$PENGU /USDT
Current price is sitting around $0.01433, showing clear downward pressure with a -6.5% move in the last 24 hours. After the recent slide and weak recovery attempts, the chart is flashing warning signs.
On the 1H timeframe, bearish candles continue to dominate, hinting that sellers still have control and momentum may be building for another leg down.
Trade Setup
• Entry Zone: 0.01410 – 0.01425
• Target 1 🎯: 0.01395
• Target 2 🎯: 0.01370
• Target 3 🎯: 0.01340
• Stop Loss: 0.01455
If price loses the local support near 0.01410 with solid volume, the drop can accelerate sharply — opening the door for a deeper correction.
But if buyers defend the zone and push above 0.01455, the short-term trend could flip.
Trade carefully — volatility is heating up.
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