PENGU Weekly Outlook – Trend Test 🐧
$PENGU is trading around ≈ $0.0073 levels this week after holding short-term support and attempting to build structure. The $0.0070–$0.0072 range is acting as a demand zone, and reclaiming above $0.0075–$0.0080 could signal renewed upside interest. 
On the 4H timeframe, RSI remains above neutral, indicating bullish bias without being overbought. MACD maintains a constructive tone, suggesting continuation if volume increases. Higher lows are forming, favoring buyers in the short term.
Bullish scenario: A sustained breakout above $0.0080 opens targets at $0.0095 and $0.0110+.
Bearish scenario: Failure to hold $0.0070 increases risk of a deeper retrace toward $0.0065–$0.0060 area.
Volume expansion is essential for validating any breakout moves — lack of participation could lead to fakeouts.
Key Levels
Support: $0.0070 / $0.0065
Resistance: $0.0080 / $0.0095
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