🚨 $PENGU /USDT Consolidates – Big Move Expected Soon! 🚨
PENGU ($PENGU) is currently trading at $0.034559, slightly down for the day after reaching a 24-hour high of $0.036972 and a low of $0.034060. The chart suggests consolidation as it approaches critical levels, signaling a potential breakout.
Key Levels to Watch:
Support: $0.034060
Resistance: $0.036970
Trade Setup:
Entry Point: Around $0.034500
Targets:
1. $0.035500 (short-term)
2. $0.037500 (mid-term breakout level)
3. $0.039000 (long-term potential)
Risk Management:
Stop-loss: $0.034000 – Limit downside risks effectively.
Market Insight:
A breakout above $0.036970 could lead to a sharp rally, pushing PENGU closer to $0.039000. However, a failure to sustain above $0.034060 might signal further consolidation or a pullback.
Keep a close watch—PENGU is gearing up for a decisive move!
#PENGU #CryptoSignals #TradingInsights #Write2Earn! #BitwiseBitcoinETF