The post PENGU Reclaims Crucial $0.01 Zone, Is a Big Move Coming appeared on BitcoinEthereumNews.com. Key Insights: PENGU reclaimed the key $0.01 support zone, creating a stronger base after weeks of heavy pressure. The weekly TD Sequential buy setup suggests early momentum may return if resistance levels break soon. Daily indicators show improving structure as RSI rises and MACD shifts upward from recent lows. PENGU Reclaims Crucial $0.01 Zone, Is a Big Move Coming Next? PENGU moved back above $0.01 after slipping below it last week. The return to this area formed a clear support floor on the 4-hour chart. Aleksander.TraderX noted that the token “reclaimed the KEY zone at 0.01,” adding that he expects support to remain firm in that range. The recovery followed a reaction near the monthly level at $0.010154, where buyers stepped in and pushed the market higher. This move placed PENGU back inside a zone that shaped earlier trading activity and acted as a base during previous swings. $PENGU Reclaimed the KEY zone at 0.01. So I would expect good support in that zone. – Right here, a bearish underside retest or a new push to the upside? Key zone right here!! – 0.0116 with the 4h level.$PENGU pic.twitter.com/1svxT0ybSr — Aleksander.TraderX (@alekstraderx) December 3, 2025 Price then moved toward the $0.0116 4-hour level. Candles around this point show hesitation, with wicks on both sides of the range. TraderX asked whether this area marks “a bearish underside retest or a new push to the upside,” leaving traders to evaluate the strength of the claim. A clean close above $0.0116 would open the way toward the next daily level. Weekly TD Signal Points to Early Strength The weekly chart shows PENGU slowing its long decline from October and November. The token printed a steady series of lower lows before finding support near $0.009, where buyers responded to the recent weakness. Analyst Ali… The post PENGU Reclaims Crucial $0.01 Zone, Is a Big Move Coming appeared on BitcoinEthereumNews.com. Key Insights: PENGU reclaimed the key $0.01 support zone, creating a stronger base after weeks of heavy pressure. The weekly TD Sequential buy setup suggests early momentum may return if resistance levels break soon. Daily indicators show improving structure as RSI rises and MACD shifts upward from recent lows. PENGU Reclaims Crucial $0.01 Zone, Is a Big Move Coming Next? PENGU moved back above $0.01 after slipping below it last week. The return to this area formed a clear support floor on the 4-hour chart. Aleksander.TraderX noted that the token “reclaimed the KEY zone at 0.01,” adding that he expects support to remain firm in that range. The recovery followed a reaction near the monthly level at $0.010154, where buyers stepped in and pushed the market higher. This move placed PENGU back inside a zone that shaped earlier trading activity and acted as a base during previous swings. $PENGU Reclaimed the KEY zone at 0.01. So I would expect good support in that zone. – Right here, a bearish underside retest or a new push to the upside? Key zone right here!! – 0.0116 with the 4h level.$PENGU pic.twitter.com/1svxT0ybSr — Aleksander.TraderX (@alekstraderx) December 3, 2025 Price then moved toward the $0.0116 4-hour level. Candles around this point show hesitation, with wicks on both sides of the range. TraderX asked whether this area marks “a bearish underside retest or a new push to the upside,” leaving traders to evaluate the strength of the claim. A clean close above $0.0116 would open the way toward the next daily level. Weekly TD Signal Points to Early Strength The weekly chart shows PENGU slowing its long decline from October and November. The token printed a steady series of lower lows before finding support near $0.009, where buyers responded to the recent weakness. Analyst Ali…

PENGU Reclaims Crucial $0.01 Zone, Is a Big Move Coming

2025/12/04 08:22

Key Insights:

  • PENGU reclaimed the key $0.01 support zone, creating a stronger base after weeks of heavy pressure.
  • The weekly TD Sequential buy setup suggests early momentum may return if resistance levels break soon.
  • Daily indicators show improving structure as RSI rises and MACD shifts upward from recent lows.
PENGU Reclaims Crucial $0.01 Zone, Is a Big Move Coming Next?

PENGU moved back above $0.01 after slipping below it last week. The return to this area formed a clear support floor on the 4-hour chart. Aleksander.TraderX noted that the token “reclaimed the KEY zone at 0.01,” adding that he expects support to remain firm in that range.

The recovery followed a reaction near the monthly level at $0.010154, where buyers stepped in and pushed the market higher. This move placed PENGU back inside a zone that shaped earlier trading activity and acted as a base during previous swings.

Price then moved toward the $0.0116 4-hour level. Candles around this point show hesitation, with wicks on both sides of the range. TraderX asked whether this area marks “a bearish underside retest or a new push to the upside,” leaving traders to evaluate the strength of the claim. A clean close above $0.0116 would open the way toward the next daily level.

Weekly TD Signal Points to Early Strength

The weekly chart shows PENGU slowing its long decline from October and November. The token printed a steady series of lower lows before finding support near $0.009, where buyers responded to the recent weakness.

Analyst Ali shared that the TD Sequential flashed a weekly buy signal, adding that “the bottom could be in.” The signal came after nine weeks of pressure, marking a point where markets often shift toward more stable trading.

Source: AliMartinez/X

PENGU has moved above $0.011, with two weekly candles showing better structure. The most recent candle formed a clear rebound from last week’s low, giving the chart a more defined base. The $0.013–$0.014 zone now stands as the next area to monitor on higher timeframes.

Daily Indicators Show a Gradual Shift

PENGU trades near $0.01183, with a seven-day gain of 3.9% and a 24-hour change of –1.6%. The market shows early signs of stabilization as price holds above its recent support.

The RSI sits at 44, moving away from oversold conditions and showing reduced selling pressure. The MACD has also shifted upward, with the histogram turning slightly positive as both lines begin to converge.

Source: TradingView

Key Levels Guide the Next Move

If PENGU stays above $0.01 and breaks beyond $0.0116, attention will move to the daily level at $0.012869. A strong close above this zone would confirm improving momentum as the chart continues to stabilize.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Source: https://coincu.com/analysis/pengu-reclaims-crucial-0-01-zone/

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