🚨 $PENGU /USDT Under Heavy Pressure – Reversal Incoming? 🚨
PENGU is currently trading at $0.031932, down by 9.77% in the last 24 hours. With a daily high of $0.036133 and a low of $0.031500, the price is testing crucial support zones. The next move could define its trajectory, so traders must watch closely!
Key Levels to Watch:
Targets:
1. First Target: $0.035 – Immediate resistance for a potential recovery.
2. Second Target: $0.038 – Critical breakout level for further bullish momentum.
3. Third Target: $0.042 – Long-term target if the trend strengthens.
Support:
$0.0315 – A critical level to hold and avoid further decline.
Strategy:
Look for confirmation of a bounce from the $0.0315 level. If the price holds, it could rally toward $0.035 and beyond. However, failure to maintain this support may lead to further declines, making risk management essential.
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