$PENGU /USDT: A BULLISH MOMENTUM BUILDING UP? ๐๐ฅ
The $PENGU /USDT pair is currently trading at $0.036090, showing strong signs of bullish momentum. With consistent higher lows and a recent breakout above a key resistance level, the market seems poised for further upside. The bullish trend has gained momentum as the price consolidates, awaiting the next big move that could take it to new heights.
Currently, the market sentiment is leaning toward a bullish continuation, especially if the price holds above the support zone. If the bulls maintain control, we could see significant price action in the near future.
Trade Scenarios:
Bullish Case:
Entry: $0.036090
Take Profit (TP 1): $0.038000
Take Profit (TP 2): $0.040000
Take Profit (TP 3): $0.042000
Stop Loss (SL): $0.034500
Bearish Case:
Short Entry: Below $0.034500
Target: $0.032000, $0.030000
Stop Loss (SL): $0.036500
Market Outlook:
If $0.038000 is breached, the bulls are likely to target the next resistance at $0.040000, and possibly further to $0.042000. On the other hand, if the price breaks below $0.034500, the market could reverse, with the next support levels at $0.032000 and $0.030000. ๐๐
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