PENGU Dips Below Support; Bulls Face Key Test at $0.0162

The price of PENGU has dipped below a key support level, prompting concern among traders as they watch for a potential rebound or deeper losses. 48% drop from recent highs has fueled bearish sentiment as buyers remain scarce and sellers maintain control. A decisive reaction at the crucial $0.0162 mark could determine the token’s next trajectory. Analysts like BRUH point to weakness and a descending channel, signaling a bearish bias. The chart also highlights significant support around $0.0130-0.0140 as a potential buffer zone for bulls. }$, 0.0162