$PENGU

/USDT Technical Analysis and Trade Signals

Current Price: $0.040966 (+14.05%)

24H Range: $0.035580 - $0.041642

Momentum: Strong bullish trend

Indicators Overview

1. Moving Averages (MA/EMA):

Short-term EMA suggests an uptrend.

Price remains above key moving averages, indicating bullish momentum.

2. Bollinger Bands (BOLL):

Price near the upper band signals strong buying pressure.

3. Parabolic SAR (SAR):

Bullish as SAR dots remain below the price.

4. MACD:

Positive crossover with rising histogram, confirming upward momentum.

5. Volume (VOL):

High volume supports breakout potential

Trade Setup

Entry Zone: $0.040500 - $0.041000

Targets:

🎯 Target 1: $0.043000

🎯 Target 2: $0.045500

🎯 Target 3: $0.048000

Stop-Loss: $0.039000

Momentum: Strong bullish momentum suggests potential for further upside. Use caution during pullbacks, and monitor volume for sustained movement.

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