🚀 $PENGU /USDT: EYEING RESISTANCE – READY FOR A BREAKOUT? ⚡
The $PENGU/USDT pair is currently trading at 0.043777, testing key levels for a potential breakout. Traders should stay alert as momentum builds near critical zones.
📊 Trade Scenarios:
Entry Point: 0.043777
Take Profit (TP) 1: 0.045500
Take Profit (TP 2): 0.047000
Take Profit (TP 3): 0.050000
Stop Loss (SL): 0.042000
Support is holding at 0.042000, while resistance is at 0.045500. A breakout above 0.045500 could trigger bullish momentum, pushing prices toward 0.047000 and 0.050000. Conversely, a drop below 0.042000 may lead to a bearish pullback.
📉 Market Outlook:
PENGU is currently consolidating near support at 0.042000. Holding above this level could confirm strength for a push toward 0.045500 and higher. However, failure to hold above 0.042000 might signal a retracement.
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