From what I understand, if everyone holds on and doesn't sell, it will be worth more, but if people start selling out of fear of a fall, the value will fall, right?
The PENGU/USDT pair is experiencing bullish momentum, with a notable price increase of over 13% in the past 24 hours. On the 1-hour chart, the price has gained +2.49%, indicating consistent upward pressure.
Key Levels to Watch:
Resistance: $0.0435
Support: $0.0343
The pair’s significant trading volume suggests strong market activity, likely fueled by its NFT ecosystem's growing interest. If PENGU breaks the $0.0435 resistance, we could see a retest of the $0.0480 zone. However, a fallback to $0.0343 support may signal consolidation.
Stay tuned for updates and monitor PENGU’s performance closely on Binance!
#Binance #TechnicalAnalysis #PENGU #Crypto
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