$PENGU
/USDT Trading Signal - Testing Support Levels
Current Price: $0.033585 (-7.68%)
Entry Range: $0.033000 - $0.034000
Target 1: $0.036500
Target 2: $0.039000
Stop Loss: $0.031500
Market Observations:
$PENGU/USDT is consolidating near the 24-hour low at $0.032886, indicating potential support.
A minor rebound from oversold levels is anticipated.
Volume spikes may confirm a short-term reversal towards resistance zones.
Trade Insights:
Position near support levels for better risk-to-reward.
Monitor for a break above $0.034500 to confirm momentum.
Secure profits at target levels while maintaining a tight stop-loss to mitigate risks.