šØ $PENGU /USDT PLUMMETING: Will It Bounce or Sink Further? šØ
PENGU/USDT is under intense selling pressure, trading at $0.0266 with a steep decline of 13.28%. After reaching a 24-hour high of $0.0316 and a low of $0.0259, the price now hovers near a critical level, suggesting heightened volatility and the possibility of a decisive move.
Key Levels to Watch:
Resistance Levels (Upward Targets):
1. $0.0285
2. $0.0300
3. $0.0316
Support Zone: $0.0259
Trade Setup:
A breakout above $0.0285 could spark bullish momentum, targeting higher levels.
A drop below $0.0259 might signal continued selling pressure, leading to lower lows.
š Market Insight:
The chart reflects a potential reversal or continuation of the bearish trend. Stay cautious, as PENGU/USDT could either bounce sharply or face further declines. Watch for a spike in volume to confirm the next direction.
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