$PENGU
/USDT | Market Update
Category: NFT
Trend: Tight Consolidation (Breakout Brewing)
💰 Price: 0.007109
📉 24h Change: -2.13%
📊 24h Volume: 1.12B PENGU | $8.01M
📉 24h Range: 0.006974 → 0.007351
📊 Technical Overview
• Price sitting directly on MA(7), MA(25), MA(99)
• MAs tightly compressed → volatility squeeze ⚡
• Very small candle bodies → market waiting for direction
• High token volume → traders positioning
This is a decision zone before expansion.
📌 Key Levels
🟢 Support • 0.00700 – 0.00697 (24h low + base support)
• 0.00685 (minor demand)
• 0.00670 (stronger structure support)
🔴 Resistance • 0.00715 – 0.00720 (intraday ceiling)
• 0.00735 (24h high / breakout trigger)
• 0.00760 (extension target)
🎯 Trade Scenarios
🟢 Bullish Breakout • Strong close above 0.00735
• Targets: 0.00760 → 0.00790
🟡 Range Play (Current Setup) • Buy near 0.00700
• Sell near 0.00730
🔴 Bearish Breakdown • Clean break below 0.00697
• Targets: 0.00685 → 0.00670
⚠️ Risk Notes • NFT coins = sharp fakeouts common
• Low spread now → expansion soon
• Best trade = wait for confirmation
📌 Bias: Neutral (Compression)
📌 Volatility: Low → Expansion Likely
📌 Invalidation: Strong move outside 0.00697–0.00735 range
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