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๐ PENGU Price Prediction: Breakout Incoming or Pullback Ahead? ๐๐
๐ Current Price: $0.042076
๐ 24h Change: +14.19%
๐ Chart Timeframe: 4H
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๐ Technical Summary:
EMA Trend:
โ EMA(7) > EMA(25) โ Short-term bullish momentum
โ Price above EMA(99) โ Mid-term trend positive
MACD: Bullish crossover just beginning โ early momentum building
RSI (6): 58.34 โ Neutral to slightly bullish
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๐ผ Bullish Scenario:
If PENGU breaks above $0.0435โ$0.045, it may rally toward:
> ๐ฏ Target: $0.047 โ $0.050+
Watch for volume surge + RSI crossing 60 for confirmation.
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๐ฝ Bearish Scenario:
If PENGU fails to break resistance and dips below $0.039:
> ๐ Support levels: $0.0367 and $0.034
RSI could drop under 50, weakening momentum.
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๐ง Final Thought:
PENGU is showing strength โ but confirmation is key.
โ Breakout = opportunity
โ ๏ธ Rejection = caution
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