$PENGU you can see here current trading near a key reaction zone, that price direction will be decided next.
🟢 Bullish Scenario If price holds this support zone, a short-term rebound is possible. Strong Support: 0.0090 Pivot Zone: 0.0096 Resistance: 0.0102 Holding above support and reclaiming the pivot area may push price toward the resistance zone. 🔴 Bearish Scenario If price fails to hold support, downside pressure may continue. Local Resistance: 0.0096 Key Support: 0.0090 Major Support: 0.0088 A clean break below support could open the door for further weakness. This is a personal market view based on structure and key levels, not financial advice. Always manage risk and wait for confirmation.
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$PENGU you can see here current trading near a key reaction zone, that price direction will be decided next.
🟢 Bullish Scenario
If price holds this support zone, a short-term rebound is possible.
Strong Support: 0.0090
Pivot Zone: 0.0096
Resistance: 0.0102
Holding above support and reclaiming the pivot area may push price toward the resistance zone.
🔴 Bearish Scenario
If price fails to hold support, downside pressure may continue.
Local Resistance: 0.0096
Key Support: 0.0090
Major Support: 0.0088
A clean break below support could open the door for further weakness.
This is a personal market view based on structure and key levels, not financial advice.
Always manage risk and wait for confirmation.