PENGU is forming a bullish double bottom pattern on the 4-hour chart, indicating a potential trend reversal.
Key resistance lies between $0.01450 and $0.01500; a breakout could push the price toward the $0.01650 target.
Momentum is shifting bullish as PENGU trades above both the 9 EMA and 50 SMA, supported by increasing volume.
PENGU is showing signs of a potential bullish reversal with a double bottom pattern forming, crucial resistance lies between $0.01450 and $0.01500 with a target of $0.01650.