🚀 $PENGU /USDT: TESTING RESISTANCE – BREAKOUT OR PULLBACK? ⚡
The $PENGU/USDT pair is currently trading at 0.042637, hovering near key levels. Traders should watch closely for a potential breakout or retracement.
📊 Trade Scenarios:
Entry Point: 0.042637
Take Profit (TP 1): 0.044000
Take Profit (TP 2): 0.046000
Take Profit (TP 3): 0.048000
Stop Loss (SL): 0.041000
Support is at 0.041000, while resistance is at 0.044000. A breakout above 0.044000 could trigger bullish momentum, targeting 0.046000 and 0.048000. Conversely, a drop below 0.041000 may signal bearish pressure and lead to lower levels.
📉 Market Outlook:
PENGU is holding above 0.041000 support, signaling potential for further upside if it clears 0.044000 resistance. A breakout would confirm bullish strength, while failure to hold support could result in a pullback.
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