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PENGU analysis: Price is trading in an upward channel and bounced after testing the support line. You can open a long position near the support area. We may see a continuation of the upward movement towards the resistance line. $PENGU Support Area: $0.0324-$0.0328 Resistance Area: $0.0367-$0.0373
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RENDER has dropped to the support area and has since bounced back. The long position is now more than 12% in profit from this support zone. You can adjust your stop loss to the breakeven point. We may see a move towards the resistance area soon. $RENDER #kamup
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Bitcoin has tested the lower support area and bounced back from it. The resistance level is set at $95,000, so it will be interesting to see how the price reacts when it reaches that point. The US government moved more than 69,000 BTC, which contributed to the downward movement in price. However, it seems that the selling pressure is being absorbed by the market.
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BONK has dropped again to the accumulation zone, and we may see some sideways movement before the next move. You can add more if you missed the earlier opportunity. $BONK
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ONE is currently testing the support area, and we may see a bounce from this level. You can enter a long position here with a tight stop loss. The resistance level remains unchanged. $ONE Support Area: $0.0235-$0.025
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