PENGU Reclaims Crucial $0.01 Zone, Is a Big Move Coming
The post PENGU Reclaims Crucial $0.01 Zone, Is a Big Move Coming appeared on BitcoinEthereumNews.com.
Key Insights: PENGU reclaimed the key $0.01 support zone, creating a stronger base after weeks of heavy pressure. The weekly TD Sequential buy setup suggests early momentum may return if resistance levels break soon. Daily indicators show improving structure as RSI rises and MACD shifts upward from recent lows. PENGU Reclaims Crucial $0.01 Zone, Is a Big Move Coming Next? PENGU moved back above $0.01 after slipping below it last week. The return to this area formed a clear support floor on the 4-hour chart. Aleksander.TraderX noted that the token “reclaimed the KEY zone at 0.01,” adding that he expects support to remain firm in that range. The recovery followed a reaction near the monthly level at $0.010154, where buyers stepped in and pushed the market higher. This move placed PENGU back inside a zone that shaped earlier trading activity and acted as a base during previous swings. $PENGU Reclaimed the KEY zone at 0.01. So I would expect good support in that zone. – Right here, a bearish underside retest or a new push to the upside? Key zone right here!! – 0.0116 with the 4h level.$PENGU pic.twitter.com/1svxT0ybSr — Aleksander.TraderX (@alekstraderx) December 3, 2025 Price then moved toward the $0.0116 4-hour level. Candles around this point show hesitation, with wicks on both sides of the range. TraderX asked whether this area marks “a bearish underside retest or a new push to the upside,” leaving traders to evaluate the strength of the claim. A clean close above $0.0116 would open the way toward the next daily level. Weekly TD Signal Points to Early Strength The weekly chart shows PENGU slowing its long decline from October and November. The token printed a steady series of lower lows before finding support near $0.009, where buyers responded to the recent weakness. Analyst Ali…
Filed under: News - @ December 4, 2025 12:22 am