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Technical analysis by The_Trading_Wizard_ about Symbol PENGU: Buy recommendation (2/28/2025)

https://sahmeto.com/message/3713706
The_Trading_Wizard_
The_Trading_Wizard_
Rank: 6123
1.6
Buy،Technical،The_Trading_Wizard_

PENGU is looking very good at these levels, PENGUBTC broke the downtrend line, and made a bullish divergence in the RSI on the daily timeframe which could perfectly mean that have found a bottom. Fundamental Bullish catalyst - Pudgy Penguins has partnered with Mythical Games to develop "Pudgy Party," a AAA mobile game set for launch in 2025. This game, focuses on teamwork and shared rewards, aiming to be a top party game for fans. This expansion into gaming could attract millions of new users, increasing the token's utility and market interest, given the project's existing fanbase and the success of Mythical Games' titles like NFL Rivals. Pengu community is strong, I like the risk reward here.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$0.0080806
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