PENGU Price Outlook: $0.012 Support Key to Next Major Move

PengCoin’s price is currently teetering at a critical level, with analysts predicting its next major move hinges on whether the token can hold support above $0.012. This line in the sand has become central to market attention, and a successful defense could pave the way for a rebound towards $0.023 – a potential 75% increase from current levels. Crypto analyst Ali (@ali_charts) highlighted this crucial level, with his chart indicating a strong likelihood of a rebound if the support holds. However, sellers continue to apply pressure on PENGU, pushing it below $0.013 and signaling a downward trend in the meme-coin sector.