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Crypto

PENGU Bulls Eye $0.012 Resistance Amid Rising Volume and Whale Activity

Guavy AI Editorial Team
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PENGU has continued its bullish trend after the recent surge in trading volume and whale activity.

The altcoin's price has pushed closer to the $0.012 resistance level, a key hurdle for buyers.

The increased trading volume, up by 11% to $453 million over the past 24 hours, may provide the liquidity needed for buyers to absorb selling pressure around $0.012.

PENGU whales have been accumulating more orders around its current price, according to CryptoQuant's Spot Average Order Size data, which could help support a breakout above the resistance level.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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