Metal currencies have struggled to restore momentum despite the last insertion in Pengu and Pnut on Robinhood. While these symbols were expected to rise, price procedures have been defeated, which reflects the wider doubts in the market, especially about the Meme currencies.
However, their RSI levels indicate a field for further growth if the purchase pressure increases and the morale of the Mimi currency improves. If the momentum is recovered, both Pengu and PNUT can test the main resistance levels, which may reflect the recent declines.
The penguin was circulated at its lowest levels ever
Pengu, a NFT code on Solana, has lost nearly 80 % of its value in the past two months, with the maximum market now at $ 400 million.
The RobinHood menu today has witnessed a 6 % distinctive symbol, but technical indicators show that they still lack momentum for strong recovery.
RSI rose to 55 out of 25 in only four days, indicating an increase in the purchase interest.
However, even with the insertion, PenGu has not yet seen a large crowd, as Meme and NFT coins face doubts in the current market.
EMA lines in PenGu still indicate a decreased direction, but the short -term upward movement indicates a possible shift.
If the momentum is built, the distinctive code can be tested at $ 0.0069, with the door opened to move about $ 0.0075 and $ 0.0093, which exceeds $ 0.0090 for the first time since March 2.
However, if the declining trend resumes and Pengu loses support at $ 0.0059, the sale pressure can pay it to $ 0.0050, which represents its lowest level.
PNUT is currently trying to recover in the past few days
PNUT has been one of the stalled Meme currencies in recent months, with a decrease in the price of 35 % in the last 15 days. However, RSI has risen steadily, jumping from 33.4 in 10 to 58.5 now.
This shift indicates that the purchase pressure has increased, which may indicate a short -term recovery. If the RSI continues to rise and cross 60, it may enhance the upward feelings, pushing the Pnut towards the main resistance levels.
Despite this momentum, PNUT EMA lines still indicate a declining direction, as short -term EMAS remains less than long -term lines. However, short -term lines move up, hint on the reflection of the potential direction.
If this Emas is a golden cross, Pnut may get enough strength to test the resistance at $ 0.211. The collapse above this level may lead to more gains, with the following goals at $ 0.25 and possibly $ 0.309.
On the negative side, if the current upward trend fails to keep it, the Pnut may face renewable sale. The main support level for viewing is $ 0.144, which was previously decreased prices.
If this level is lost, the PNUT may decrease to $ 0.133, which represents its lowest levels and enhance the declining structure.
Disintegration
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