PENGU to Bounce Back? $0.11 Move Possible After Bullish Flag Formation

Description

TL;DR PENGU forms a bullish flag with resistance near $0.045 and support around $0.035. Analysts highlight $0.110 target as TD Sequential signals buy and longs face liquidations. Market cap milestones: $0.19 for $10B and $1.10 aligning with Dogecoin’s peak. Bullish Flag Formation Pudgy Penguins’ token, PENGU, is trading near $0.034, with a 24-hour decline of 12% and a weekly decline of 9%. Trading volume stands at $1.13 billion. On the 4-hour chart, the asset has formed a bullish pennant, which ...