The cryptocurrency market continues its volatile journey, but three coins—$CVC , $DENT , and $PENGU —are standing out with impressive gains. Here's a closer look at their performance and potential trading strategies for the short term.
Civic (CVC) - Leading the Rally
Price: $0.2452
24-Hour Change: +27.44%
Civic (CVC) leads today’s rally with a massive 27.44% price increase. This surge could be attributed to growing demand for identity verification solutions, which Civic specializes in. The breakout above $0.20 suggests bullish momentum, with potential resistance at $0.30.
Trading Signal:
Entry Point: $0.24
Target: $0.28 - $0.30
Stop-Loss: $0.22
---
Dent (DENT) - Affordable Gains
Price: $0.001401
24-Hour Change: +15.88%
Dent is making waves with a 15.88% gain, capitalizing on the increased use of mobile data and decentralized telecom solutions. At its current low price, DENT remains a high-risk, high-reward option for investors.
Trading Signal:
Entry Point: $0.00135
Target: $0.0015 - $0.0017
Stop-Loss: $0.0012
---
Penguin Finance (PENGU) - Emerging Contender
Price: $0.034415
24-Hour Change: +15.60%
PENGU, a relatively lesser-known asset, is climbing with a solid 15.60% gain. This momentum could signify increasing adoption or positive developments in the DeFi space, where PENGU operates. Investors are advised to keep an eye on its liquidity levels.
Trading Signal:
Entry Point: $0.033
Target: $0.038 - $0.040
Stop-Loss: $0.030