$PENGU
0.030622
+15.48%
š§ PENGU/USDT ā Technical Analysis š§
PENGU is trading at 0.031107 USDT, sitting at a key inflection point. Bulls are defending support at 0.030500, while resistance around 0.033000 is keeping upward momentum in check. A decisive breakout could trigger the next wave of volatility!
š¹ Support Levels:
0.030500: Crucial near-term support to watch.
0.028800: Strong fallback if selling pressure increases.
š¹ Resistance Levels:
0.033000 ā 0.034500: Breaking this could pave the way for bullish continuation.
0.037000: A key upside target if momentum accelerates.
šÆ Entry Strategy:
Long Setup: Consider long entries if the price holds 0.030500 or breaks above 0.033000 with volume.
Short Setup: Look for short positions if the price faces rejection near 0.033000, targeting 0.030500 ā 0.028800.
š„ Momentum Watch: A strong close above 0.034500 could spark a rally, while dropping below 0.030500 might lead to more downside action. Stay nimble and trade the breakout!
