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TODAY'S PRIME FOCUS: The future targets for⬇️ 🔮 $PENGU | PudgyPenguins [@pudgypenguins] For information only—Not investment advice. DYOR❗️ Find out the anticipated target for $PENGU in 2024 according to our analysts.👇

Explode $PENGU

The crypto market’s recovery has not benefited all altcoins, as some continue to face sharp declines. While Bitcoin holds steady at $102,200, several altcoins remain in a downtrend, struggling to regain momentum. BeInCrypto has identified three altcoins that have experienced significant corrections and also formed a new all-time low. Animecoin (ANIME) ANIME has extended its decline less than a week after its listing, reaching a new all-time low of $0.0433. The persistent downward trend highlights weak investor confidence and limited buying pressure, keeping the altcoin vulnerable to further losses in the current market environment. If broader market conditions remain unchanged, ANIME could continue its decline, slipping below $0.0400 and forming a new all-time low. The lack of strong support levels increases the risk of further downside, making price stabilization crucial for preventing additional sell-offs. ANIME Price Analysis. Source: TradingView Currently trading at $0.0462, ANIME is attempting to reclaim $0.0553 as support. To achieve this, it must first reach $0.0497. A successful breakout above this level would invalidate the bearish outlook, potentially driving renewed buying interest and signaling the start of a recovery. Pudgy Penguins (PENGU) PENGU recorded a steep 28% decline in the past 24 hours, reaching a new all-time low of $0.0152 during intraday trading. This persistent bearish momentum highlights the altcoin’s struggle to find stability, leaving investors cautious about further downside risks in the short term. This marks the third consecutive all-time low for PENGU in as many days, signaling sustained selling pressure. If investors panic and continue offloading their holdings, the drawdown could persist, potentially pushing the meme coin down to $0.0130. The lack of strong support levels adds to the uncertainty. PENGU Price Analysis. Source: TradingView However, if PENGU reclaims $0.0200 as a support floor, it could shift market sentiment and spark a recovery. A move toward $0.0225 would help the altcoin recoup recent losses, potentially invalidating the bearish outlook and restoring confidence among traders.$PENGU

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