$PENGU /USDT Analysis: Eyes on the Next Move!
PENGU is currently trading at $0.030284, showing bearish pressure after a sharp decline. The 4-hour chart suggests a potential reversal could occur if momentum builds up near this level.
Key Resistance Levels to Watch:
1. $0.032500 – A minor recovery point.
2. $0.034000 – Stronger resistance where momentum might slow down.
3. $0.036000 – Critical breakout level for further upward movement.
Analysis Insight:
Holding above the $0.029600 support zone is crucial for any recovery.
Watch for increased volume as a sign of a bullish move.
Stay cautious and set tight stop-loss levels while monitoring these resistance zones for potential targets!
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