PENGU Technical Setup Looking Strong



The daily chart is printing some solid signals right now. Price has successfully reclaimed key moving averages, which typically signals bullish momentum building underneath.

Target-wise, the mid-0.02s zone is looking like the next logical level to watch. That said, don't sleep on BTC's impact here—if Bitcoin decides to tank, all bets are off. Alt momentum correlates hard with the king of crypto.

The setup is there. Just need Bitcoin to cooperate and we could see a nice push higher from here.
PENGU-5.59%
BTC-0.56%
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