🎯 $PENGU /USDT: Technical Analysis & Trade Signal 🎯

📊 Current Price: $0.037353

🔍 Market Sentiment: Bullish Momentum

Trade Setup

📈 Entry Zone: $0.0370 - $0.0375

Look for consolidation or a minor pullback before entry.

🎯 Targets:

1️⃣ Target 1: $0.0390 (+4.4%)

2️⃣ Target 2: $0.0415 (+11.1%)

3️⃣ Target 3: $0.0450 (+20.5%)

🔻 Stop Loss: $0.0345 (-7.5%)

Place SL below recent support for risk management.

Technical Indicators:

EMA (Exponential Moving Average): Price trading above the 50 EMA, signaling strong upward momentum.

RSI (Relative Strength Index): Currently at 62, indicating room for growth before reaching overbought levels.

MACD: Positive crossover, confirming bullish momentum.

Key Levels to Watch:

Resistance: $0.0380, $0.0410

Support: $0.0350, $0.0340

Trade Momentum:

Short-Term Trend: Bullish 📈

Mid-Term Outlook: Bullish Continuation 🚀

Risk Level: Moderate (ensure proper risk management).

💡 Strategy Tip: Watch for high-volume breakouts above $0.0380 for confirmation. Consider partial profit booking at each target level.

What’s your take on PENGU/USDT? Are you riding the wave or waiting on the sidelines? Drop your insights below! 🐧🚀

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