PENGU jumps 14.57% to $0.0088 amid short squeeze rally
- —PENGU gained 14.57% to $0.008795 on $319.9M volume, 68.72% above average
- —RSI at 62.2 and stochastic at 88.6 signal strong momentum with overbought risk
- —Resistance at $0.009062, support at $0.007955, market cap $552.9M
- —Token trades 82.22% below its December 2024 all-time high
Why it matters: Memecoin rallies driven by short squeezes are fragile; without sustained volume, a pullback toward support is likely.
Source: DiarioBitcoin