$PENGU just sold off hard after ETF delay news, but price is now deeply oversold and approaching a technical bounce zone.

Call: LONG PENGU (Relief Bounce Setup)

Entry: 0.01 – 0.0103

Targets: 0.0108 → 0.0116 → 0.0124

Stop-loss: 0.0094

Price dropped 12.9% to 0.01019 after the SEC pushed the ETF decision to 2026.

Technically, RSI at 22.4 signals extreme oversold conditions, often followed by a relief rally near 0.00965 support.

Although MACD remains bearish, flow data shows $5.82M net inflow and a 38% large-order ratio, meaning whales are quietly accumulating the dip. Short whales increased, but many are already in profit, raising squeeze risk on any bounce.

As long as PENGU holds above 0.0096, a rebound toward 0.0108–0.012+ is the higher-probability short-term path.

PENGU
PENGUUSDT
0.006826
-4.65%