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Ayzal

06/11 18:10

PENGU memecoin rebounds 14%, but traders, is there a catch?

PENGU is up 14.1% over the past week; breaking out of a descending channel as analyst eye a rally to $0.025
  • PENGU surged 8% after bouncing from the 0.618 Fibonacci level, often viewed as a strong bullish support.
  • Analyst targets of $0.017 and $0.025 remain long-term scenarios, barring immediate bullish continuation.

Pudgy Penguins [PENGU] staged a sharp recovery on the daily chart, breaking out from a descending channel to hit $0.0125.

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