PENGU 24-hour increase of 8.6%. Can breaking through $0.0128 trigger a reversal trend?

Question

【币界】Pudgy Penguins（PENGU）这两天涨势不错，24小时内跳涨8.6%。放到更大的时间框架看，从年初到现在已经上涨了47%，Memecoin赛道整体走强的大背景下，这个表现还是比较抢眼的。

从图表来看，确实存在一个问题：自8月份以来有明显的下降趋势。但这里有个有意思的点——如果能突破0.0128美元这个位置，可能就意味着局势要反转了。一旦真的突破，后面的看涨空间可能指向0.016美元甚至0.022美元。

只不过现在的指标表现还是摇摆不定的，多空力量都还在。说实话，这波涨幅能不能维持住，很大程度上还要看比特币的脸色——比特币要是继续硬，PENGU才能更有底气往上走。

LightningAllInHero · Accepted Answer

0.0128 is really the critical threshold; if it can't be broken, it's still just a useless tool.

GhostAddressHunter · Answer

It’s only good to talk once it breaks 0.0128, now a rebound and it’s over...

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Bitcoin is not strong, even if it rises again, it’s useless

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A 47% increase is indeed attractive, but I really haven’t forgotten that bearish candle since August

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Indicators swinging unpredictably just to trick me into cutting losses

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It’s all about Bitcoin’s mood, why does every coin have to bow to others’ influence

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Let’s try breaking through, anyway I’m already used to being trapped

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Memecoin follow-the- crowd stuff, with such big fluctuations, how strong must your heart be?

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0.022? Let’s survive and see if it reaches 0.016 first

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Is this increase reliable or just another wave to cut the new leeks?

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With such heavy bearish pressure, what reversal are you talking about?

ApeShotFirst · Answer

Can this key level of 0.0128 be broken? It depends on whether BTC gives us face!

PebbleHander · Answer

Is the 0.0128 level really that critical? It seems like there's always this talk of "breakout then reversal," but what actually happens...

RektRecovery · Answer

ngl, that 0.0128 breakout sounds like classic hopium... we've seen this pattern too many times before, btc sneezes and everything craters lmao

SerNgmi · Answer

0.0128 is indeed a key level, but I'm more concerned about when Bitcoin will gain strength.

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