PENGU Price Analysis: Is a Bounce Possible After Recent Dip?

Recent price dips for PENGU have ignited discussions about potential rebounds. The token’s support at $0.025 is being closely watched by traders, as it suggests renewed buying activity. Technical indicators suggest weakening bearish momentum and an opportunity for PENGU to climb towards key resistance levels above $0.04. 24-hour trading volume has surged past $213 million, indicating active participation from traders.