$PENGU /USDT Signal: Bearish Consolidation
$PENGU /USDT has been in a period of consolidation after a recent decline. The price is currently trading near the lower end of this range, suggesting potential for further downward movement.
Current Price: $0.028445
Entry Price: Consider a short position at $0.028445 with a stop loss at $0.030705.
Resistance: $0.030705, $0.032784
Support: $0.026831, $0.026547
Take-Profit Targets:
* $0.026831
* $0.026547
* $0.025000
Stop Loss: $0.030705
Caution:
* Traders should exercise caution as the market is currently in a state of consolidation.
* Monitor for signs of stability or potential breakout signals before entering any position.
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