$PENGU Support Holding: Are You Sleeping Through The Next Move? 🧐
This is a Macro/Fundamental Analysis scenario because it discusses structure, accumulation, and long-term targets, not immediate entry/exit signals.
$PENGU has already seen its explosive move and subsequent deep correction, but the real action is happening now at support 🧐. Forget the past pump; focus on where buyers are stepping in quietly. As long as $PENGU respects the critical support zone between 0.010 and 0.011, the structure remains fundamentally sound. This sideways consolidation signals seller exhaustion and accumulation—the perfect setup for patient traders. If momentum confirms from this base, the initial upside target is the prior resistance band of 0.020–0.025. Clearing that opens the door for a major expansion toward 0.035–0.040. This is a patience zone, not a quick flip. True moves happen when the crowd looks elsewhere. Respect the base, watch the absorption.
#CryptoAnalysis #AccumulationZone #PENGU #AltcoinGems 📈
