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BTCC / BTCC Square / Global Cryptocurrency /
PENGU Holds Critical 10-Day SMA Support Level, Aims Fresh Market Rally

PENGU Holds Critical 10-Day SMA Support Level, Aims Fresh Market Rally

Author:
Global Cryptocurrency
Published:
2025-07-27 01:06:01
23
2
BTCCSquare news:

PENGU, an NFT crypto token, is attracting renewed investor interest after finding support at its 10-day Simple Moving Average (SMA). Market analyst Ali Martinez notes this level has historically acted as a launchpad for price surges.

Technical analysis reveals bullish indicators as PENGU rebounds from the 10-day SMA, signaling potential upward momentum. The token's price ROSE sharply in late June after a similar bounce, suggesting a repeat pattern may be underway.

Current projections indicate possible targets of $0.076 or even $0.097 if the support holds. 'I hope you bought the dip,' Martinez remarked, highlighting the opportunity for traders.

|Square

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