Is the likelihood of PENGU price rebounding increasing? The sequential indicator is signaling a buy.

Cryptocurrency PENGU is showing notable activity in the market. Renowned technical analyst Ali Charts on the X platform has analyzed and reported on multiple buy signals from the TD Sequential indicator appearing on the PENGU chart. This analysis strongly suggests the possibility of a short-term price rebound for PENGU.

Multiple Buy Signals Confirmed by TD Sequential

According to Ali Charts’ latest analysis, the PENGU chart shows several buy pressures indicated by the sequential-type technical indicator. The TD Sequential is used to identify the timing of reversals from excessive selling pressure in the market. The simultaneous appearance of multiple buy signals is seen as a sign that market sentiment is gradually shifting to bullish.

Current Market Situation of PENGU

Currently, PENGU is showing relatively stable movement. According to the latest data, PENGU’s current price is $0.01, with a 24-hour increase of +8.88%. This upward trend aligns with the buy signals indicated by the sequential indicator and may reflect growing buying interest among market participants.

Future Focus of Market Analysis

Crypto media Odaily notes that the buy signals from the sequential indicator could be a key turning point for a price rebound. While caution is advised when making decisions based solely on technical indicators, the combination of multiple signals can provide more reliable analysis. Traders monitoring the overall market, including PENGU, should pay attention to the directional hints suggested by the sequential indicator.