$PENGU

/USDT Strong Dip Move 💯 Ready For Recovery Update 🚀 💯

Current Price: $0.033102

24H Range: $0.032686 - $0.037784

24H Volume:

PENGU: 4.23B

USDT: 149.10M

Technical Analysis

Trend: Minor decline of -0.22% after a significant 7.88% drop.

Indicators:

RSI: Around 40, suggesting the market is slightly oversold.

MACD: Slightly bearish, but close to neutral, indicating potential consolidation.

Bollinger Bands: Price near the lower band, signaling a potential reversal if support holds.

Trade Strategy

Entry: Buy around $0.0328-$0.0332 (near support).

Stop-Loss: Below $0.0320.

🎯 Targets:

1. $0.0350 (minor resistance).

2. $0.0360 (mid-range bounce).

3. $0.0375 (24H high test).

If price breaks below $0.0320, consider shorting with targets at $0.0310 and $0.0300.

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