PENGU Holds Triangle Breakout Support as Bulls Target Higher Levels

PENGU retests triangle breakout support near $0.00773 before key four-hour close. Buyers defended $0.00760, pushing price back toward $0.00800 resistance. A close above support favors continuation; failure risks return to consolidation. PENGU has reached a crucial point after revisiting a key breakout zone near $0.00773. Traders are watching closely as price tests whether former resistance can now serve as support. The latest rebound from lower intraday levels has kept bullish hopes alive, but confirmation remains essential. A strong four-hour close above the reclaimed trendline could strengthen confidence in the breakout and open the door for another move higher.

Source: CryptoNewsLand