PENGU 1D CHART UPDATE ✅
📌 PENGU Technical Analysis: harmonic pattern shows potential for a significant trend reversal on the daily timeframe. the price recently faced heavy selling pressure after rejecting major resistance levels but is now stabilizing. currently price is moving after a sharp multi-week decline as the token attempts a short-term rebound.
📌 Major Support Zone:
Strong Support Zone: now in good support zone that has previously acted as a key accumulation range.
Hold Support: this area is shaping up as a potential floor where demand has historically stepped in.
Indicators: daily RSI shows a bullish divergence, with price making lower lows while the indicator forms a higher low, signaling fading selling pressure. 💣🚀
PENGU
0.007296
-7.61%