Pengu and other meme coins, including PUDGY PENGUINS, have shown strength and gains after a recent decline, with Pengu leading the rally with over a 30% increase, but currently pausing at the $0.015 level.
Market sentiment indicates a potential bullish move for Pengu in the short term, with hopes for further increases as buyers may step in upon finding support on lower timeframes.
If Pengu surpasses its previous monthly high, a bigger rally can be expected. Key resistance levels to watch include $0.0175, $0.0274, and $0.047, while key support levels are at $0.01, $0.0076, and $0.00525.
The current price of Pengu is at $0.0134, trending bullish with high volatility. It is important to conduct personal research before making any cryptocurrency investments.