🚀 $PENGU /USD: BREAKOUT OPPORTUNITY AHEAD – WATCH THESE KEY LEVELS! ⚡
The $PENGU /USD pair is currently trading at $0.037304, approaching crucial resistance. Traders should keep an eye on these levels for a potential breakout or retracement in the near term.
📊 Trade Scenarios:
Entry Point: $0.037304
Take Profit (TP) 1: $0.038000
Take Profit (TP) 2: $0.039000
Take Profit (TP) 3: $0.040000
Stop Loss (SL): $0.036000
Support is at $0.036000, while resistance lies at $0.038000. A breakout above $0.038000 could lead to further gains, targeting $0.039000 and $0.040000. A drop below $0.036000 may indicate a bearish retracement.
📉 Market Outlook:
PENGU is consolidating near resistance at $0.038000. If the price breaks above this level, the bullish trend could continue, targeting higher levels. A failure to break through and a drop below $0.036000 could lead to a bearish reversal.
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