The post PENGU Holds $0.012 Support, Signaling Potential Rebound Toward $0.023 appeared on BitcoinEthereumNews.com. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process—not noise. 👉 Sign up → PENGU is holding above its critical $0.012 support level, supported by robust liquidity exceeding $140 million in volume and increasing open interest to $82.22 million, positioning it for a potential rebound toward $0.023 in the coming sessions. PENGU maintains stability above $0.012 support, with market indicators suggesting a possible upward move to $0.023. Trading volume remains consistent at around $140 million, bolstering liquidity across exchanges. Open interest has risen 5.57% to $82.22 million, with a balanced long-short ratio of 0.979 near this key level. PENGU price holds firm above $0.012 support amid strong liquidity and steady volume—explore if a rebound to $0.023 is next. Stay updated on crypto trends for smart trading decisions. What is the current support level for PENGU price? PENGU price is currently defending a key support at $0.012, a level that has repeatedly triggered bounces throughout 2025. Trading at approximately $0.01316, the token shows resilience within a tight 24-hour range of $0.01275 to $0.01341. This support zone, formed by historical reactions, could pave the way for renewed upward momentum if held. COINOTAG recommends • Professional… The post PENGU Holds $0.012 Support, Signaling Potential Rebound Toward $0.023 appeared on BitcoinEthereumNews.com. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process—not noise. 👉 Sign up → PENGU is holding above its critical $0.012 support level, supported by robust liquidity exceeding $140 million in volume and increasing open interest to $82.22 million, positioning it for a potential rebound toward $0.023 in the coming sessions. PENGU maintains stability above $0.012 support, with market indicators suggesting a possible upward move to $0.023. Trading volume remains consistent at around $140 million, bolstering liquidity across exchanges. Open interest has risen 5.57% to $82.22 million, with a balanced long-short ratio of 0.979 near this key level. PENGU price holds firm above $0.012 support amid strong liquidity and steady volume—explore if a rebound to $0.023 is next. Stay updated on crypto trends for smart trading decisions. What is the current support level for PENGU price? PENGU price is currently defending a key support at $0.012, a level that has repeatedly triggered bounces throughout 2025. Trading at approximately $0.01316, the token shows resilience within a tight 24-hour range of $0.01275 to $0.01341. This support zone, formed by historical reactions, could pave the way for renewed upward momentum if held. COINOTAG recommends • Professional…

PENGU Holds $0.012 Support, Signaling Potential Rebound Toward $0.023

2025/11/16 11:51
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  • PENGU maintains stability above $0.012 support, with market indicators suggesting a possible upward move to $0.023.

  • Trading volume remains consistent at around $140 million, bolstering liquidity across exchanges.

  • Open interest has risen 5.57% to $82.22 million, with a balanced long-short ratio of 0.979 near this key level.

PENGU price holds firm above $0.012 support amid strong liquidity and steady volume—explore if a rebound to $0.023 is next. Stay updated on crypto trends for smart trading decisions.

What is the current support level for PENGU price?

PENGU price is currently defending a key support at $0.012, a level that has repeatedly triggered bounces throughout 2025. Trading at approximately $0.01316, the token shows resilience within a tight 24-hour range of $0.01275 to $0.01341. This support zone, formed by historical reactions, could pave the way for renewed upward momentum if held.

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How does PENGU trading volume impact its price stability?

Trading volume for PENGU has remained active at around $140 million over the past 24 hours, providing strong liquidity that prevents sharp declines below the $0.012 support. Market data from Coingecko indicates a market capitalization of approximately $827 million and a fully diluted valuation surpassing $1 billion, with a circulating supply of 62.86 billion tokens out of a total 79.72 billion. This steady volume reflects consistent trader interest, as buyers step in during dips to push prices toward the mid-range. Experts note that such liquidity levels often signal reduced volatility and potential for orderly price appreciation, especially when paired with rising open interest in derivatives markets.

PENGU trades above the key $0.012 support as strong liquidity, rising open interest, and stable volume signal room for a potential move toward $0.023.

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  • PENGU holds above the $0.012 support, and data shows room for a rebound toward the $0.023 zone.
  • Price activity stays stable as liquidity remains strong with steady volume near $140 million.
  • Derivatives data shows rising open interest and balanced long-short ratios around the key support level.

$0.012 is the line to defend for PENGU. Hold it, and a rebound to $0.023 is in play. The market moves near a key support level that shaped its pattern during 2025, and traders continue to watch how price reacts around this zone.

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Source: Coingecko

Frequently Asked Questions

What factors are supporting PENGU’s current price at $0.012?

The primary support for PENGU at $0.012 stems from historical price reactions that have formed a solid base throughout 2025, reinforced by consistent trading volume of $140 million and increasing open interest in derivatives. This combination indicates sustained buyer interest and limited downside risk, as per data from market analytics platforms.

Could PENGU reach $0.023 if it holds above support?

Yes, maintaining above the $0.012 support could enable PENGU to target the $0.023 resistance, driven by improving market structure and balanced trader positions. Observations from technical analysts highlight repeated bounces from this level, suggesting a natural progression toward higher ranges if volume sustains its current strength.

PENGU trades at $0.01316 while the market stays within a narrow 24-hour range between $0.01275 and $0.01341. The token moves between these levels as buyers enter during lower swings and push price toward the mid-band. The intraday chart shows repeated moves between $0.0129 and $0.0134, and the pattern forms several higher peaks during the latest sessions.

$0.012 is the line to defend for $PENGU. Hold it, and a rebound to $0.023 is in play! pic.twitter.com/A2gR6NS9xK

— Ali (@ali_charts) November 15, 2025

According to an observation by Ali Charts, the broader structure records repeated reactions around $0.012. Each test forms a bounce, and the zone has shaped earlier moves during the year. The chart shows a rise toward $0.047 before sellers entered the market and pushed price lower during the second half of the year.

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Key Takeaways

  • PENGU’s $0.012 support is critical: This level has triggered multiple bounces in 2025, providing a foundation for potential recovery.
  • Strong liquidity and volume: With $140 million in daily volume and a $827 million market cap, PENGU demonstrates market resilience.
  • Rising open interest signals opportunity: A 5.57% increase to $82.22 million in derivatives suggests growing trader confidence and a possible move to $0.023.

Conclusion

As PENGU price navigates its key $0.012 support amid stable trading volume and robust liquidity, the outlook remains cautiously optimistic for a rebound toward $0.023. Market structure from 2025 underscores the importance of this level, with derivatives data reinforcing balanced positioning. Traders should monitor volume trends closely, as holding support could unlock further gains in this dynamic crypto landscape—consider positioning strategically for upcoming movements.

Market Structure Tracks Key Horizontal Levels Across 2025

The broader PENGU chart presents a range between $0.012, $0.023, and $0.033. The dotted path on the analysis shows a possible climb from support toward mid-range territory, and the structure records earlier swings toward $0.047. Lower highs formed from September to November as momentum slowed and price returned to support.

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Source: Coinglass

Mid-range activity appears near $0.022 to $0.027, and the zone records several reactions before the market lost strength. The lower area near $0.004 remains untouched, and price continues to respect horizontal levels across the year.

Derivatives data from Coinglass shows $252.55 million in trading volume, while open interest rises 5.57% to $82.22 million. Liquidations remain steady, and the 24-hour long-short ratio sits near 0.979 as traders monitor the $0.012 support area.

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Source: https://en.coinotag.com/pengu-holds-0-012-support-signaling-potential-rebound-toward-0-023/

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