PENGU appears to have wrapped up its accumulation phase and is now poised for a breakout move. The recent trendline break signals that the prolonged downtrend has finally run its course.



For traders keeping tabs on this token, there are three critical price levels to monitor going forward: 0.016, 0.025, and 0.035. Each serves as a potential resistance or profit-taking zone depending on the momentum.

The technical setup looks compelling enough to warrant close attention. This could be one of those opportunities where patience through the consolidation phase gets rewarded with a solid directional move. Keep an eye on volume confirmation as the price approaches these targets.
PENGU6,57%
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AirdropHunter007vip
· 9h ago
Pengu has really been holding back for a long time this time, finally about to break the level? I’ve noted all three points, with a focus on 0.025, which is the real resistance level. Keep an eye on the volume confirmation, brother.
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SleepyArbCatvip
· 9h ago
It's both accumulation and breakthrough... I'm tired of this way of saying it. But that 0.025 point is somewhat interesting. If the gas fee doesn't eat up half of my profit, I'll consider jumping in.
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MiningDisasterSurvivorvip
· 9h ago
Another "about to break through," how many times have I experienced this. Positions at 0.016, 0.025, 0.035—if you want to be nice, you can call them opportunities for the project team to dump. In 2018, I also looked at the candlestick charts this way, and you all know what happened. Volume confirmation? Ha, by the time the trading volume explodes, the main force has already shaken out the retail investors.
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Web3ExplorerLinvip
· 9h ago
hypothesis: pengu's accumulation phase ending kinda reminds me of how ancient markets moved through periods of silence before the boom... technically speaking, those three levels (0.016, 0.025, 0.035) are basically the oracle network telling us where liquidity's actually hiding lol volume confirmation tho, that's the real deal. without it? just another false breakout waiting to happen imo
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