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Pudgy Penguins [PENGU] Price Prediction – Rally Depends on This Level Holding Up!
The cryptocurrency market has been experiencing a mix of volatility and unexpected changes, making it difficult for investors to predict the future. However, one token that has gained significant attention in recent times is Pudgy Penguins [PENGU]. Despite the retracement from $0.435, the PUDGY PENGUIN token’s price performance over the past week suggests a strong possibility of a continued upward trend.
According to our analysis, we believe it is crucial for the $0.35 defense to hold up in the next 24-48 hours. A successful defense could lead to an increase in token prices as demand picks up and investors regain confidence.
It is imperative that PENGU’s price stays above this level to avoid a bearish structure flip, which would set its sights on the mid-range support at $0.312.
Source: ambcrypto.com
