🚀🚀🚀$PENGU Usdt trading signal with 15 minutes time frame current price analysis and future price prediction👇👇💵
Current Price Analysis:
1. Current Price: 0.030460 USDT, up 15.69% over the last 24 hours.
2. 24H Range: Low of 0.025185 and high of 0.030964, indicating significant volatility.
3. Indicators:
RSI: At 86.79, it is in the overbought zone, suggesting a strong upward momentum but also the potential for a short-term correction.
Moving Averages:
MA(5): 86.15M suggests recent strong buying activity.
MA(10): 60.59M aligns with an upward trend.
4. Volume: Strong trading volume with a 24-hour PENGU volume of 3.19B, reflecting increased market interest.
Future Price Prediction:
Short-Term (Next Few Hours/Days):
The price may face resistance near the recent high (0.030964). If it breaks above this level, further upside is possible.
If selling pressure emerges, a correction could bring the price down to support levels around 0.027690 or 0.026173.
Mid-Term (Next Week):
If the momentum sustains, it may continue upward, especially with continued high volume and positive market sentiment.
Keep an eye on the RSI; if it remains in the overbought range, a correction becomes more likely.
Recommendations:
For Buyers: Consider waiting for a pullback to support levels to enter at a lower price.
For Sellers: Watch the resistance level closely and consider taking profits near 0.030964 if momentum weakens.
