Technical Analysis: $PENGU
/USDT – 3 Key Price Targets 🎯
The price of PENGU/USDT has seen a solid upward movement recently, with the current price sitting at $0.034792. As we analyze the chart, here are three crucial targets to watch for in the near future:
1. Target 1 – $0.035500: This level marks the first resistance point for PENGU, where we could see the price test the upward momentum. A breakout here could signal further bullish action.
2. Target 2 – $0.036000: The next resistance lies at $0.036000. If the price breaks above this level, it could continue to gain momentum, potentially leading to a test of higher levels.
3. Target 3 – $0.038000: A key psychological level, where significant resistance could emerge. If PENGU continues its upward trend, this target might become the next key focus for traders.
Current Market Sentiment:
The 24h high reached $0.035861, and the low for the day was $0.032479.
The price has surged 6.55% over the past 24 hours, indicating strong bullish sentiment.
Keep an eye on these levels as the market continues to develop. Traders should watch for potential breakouts or consolidations within these zones for further entry points.
This post combines technical analysis with target price levels, providing your audience with actionable insights on PENGU/USDT.