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TronWeekly

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Pudgy Penguins (PENGU) Up 31%: Will It Hit the Next Resistance at $0.028?

  • Pudgy Penguins (PENGU) surged 31% in just a week, amidst a flat crypto market, gaining attention from traders and analysts.
  • Whale investors acquired 240M PENGU, indicating high confidence and fueling speculation of a potential breakout.
  • Technical indicators suggest a bullish trend, with PENGU needing to surpass the $0.017 resistance to confirm a new rally and avoid a correction.
  • PENGU is currently trading at around $0.01587, facing profit booking after the surge. Key support levels are at $0.01435, $0.01178, and $0.01098, with RSI indicating a positive trend.

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