$PENGU

/USDT - Technical Analysis & Trade Signal🔥💯

Current Price: 0.041662 USDT

24h High: 0.043000 USDT

24h Low: 0.034344 USDT

24h Price Change: +15.17%

Technical Indicators:

Price Action: Positive momentum with price rising 15.17% in the last 24 hours, indicating an uptrend.

Support Level: 0.034344 (recent low)

Resistance Level: 0.043000 (recent high)

Moving Averages: Bullish crossover seen in short-term moving averages, suggesting upward movement.

Trade Signal:

Trend: Bullish, with higher lows forming.

Momentum: Positive, supported by increasing volume.

Target Levels:

1. Target 1 (Short-term): 0.043000 (Next resistance level, potential profit-taking)

2. Target 2 (Mid-term): 0.045000 (Psychological round level, potential continuation point)

3. Target 3 (Long-term): 0.050000 (Next major resistance)

Trade Momentum:

Given the current bullish trend and positive price movement, the momentum is leaning towards further growth in the short term, especially if the price holds above 0.040000. Strong entry levels could be around 0.040259, with target levels reaching 0.043000, 0.045000, and potentially 0.050000.

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