$PENGU Uemains under pressure after failing to reclaim the $0.00835–$0.00840 resistance zone. The latest bounce has already been rejected from this area, keeping the short-term structure weak.
A clean break and acceptance above $0.00840 is needed to reduce the bearish pressure.
Until that happens, another move towards $0.00790 remains likely. Losing this support would expose the recent low around $0.00760–$0.00765.
A clean break and acceptance above $0.00840 is needed to reduce the bearish pressure.
Until that happens, another move towards $0.00790 remains likely. Losing this support would expose the recent low around $0.00760–$0.00765.