🎈🎈Meme Coins Drop Together: Where Are $PENGU and $PEPE Headed? After a fairly strong rally from mid-April to early May, both of these meme powerhouses are now entering a technical cooling phase on the daily timeframe (1D). The bulls (Longs) are temporarily уступing the field to the bears (Shorts), who are taking control. 1. PENGU/USDT: Retesting a psychological support zone Current status: PENGU is trading around $0.008485 (down 3.83%). After peaking at $0.011859 in early May, the price has started forming a lower highs structure. Volume: 24h volume reached 1.81 billion PENGU (~$15.38M USDT). Selling volume is gradually decreasing rather than showing panic selling. This is mainly partial profit-taking by whales. Scenario: Price is slowly drifting toward the key support zone around $0.0072 – $0.0080. If this zone holds, the mid-term bullish structure may still be intact. Otherwise, bears are likely to fully take control of the trend. 2. PEPE/USDT: Heavy pressure from previous highs Current status: PEPE is trading at $0.000003775 (down 3.30%). Today’s daily candle looks weaker than PENGU, with a long body closing near the day’s low. Volume: PEPE remains highly active with $102.35M USDT flowing in over the last 24h. However, high volume combined with falling price indicates strong distribution from the $0.00000459 top. Scenario: The critical support is now at $0.0000034 – $0.0000035. If this level breaks, PEPE could drop into a deeper consolidation zone below. #SamsungLaborTalksCollapse #CLARITYActClears15to9 #OnChainBeatsNasdaq