$PENGU /USDT Technical Analysis ā Bulls Taking Charge š
Current Price Action:
$PENGU /USDT is trading at $0.027576, with a 24-hour gain of +3.00%. The price is showing bullish momentum, breaking key resistance levels. The 24-hour range spans from $0.025185 (low) to $0.027785 (high), indicating significant activity.
Key Targets to Watch:
1. Immediate Resistance (Target 1): $0.0280
A sustained push above $0.0275 could test $0.0280, a strong resistance level.
2. Mid-Term Target (Target 2): $0.0300
Breaking past $0.0280 with bullish momentum could lead to a rally toward the psychological level of $0.0300.
3. Long-Term Target (Target 3): $0.0325
If the bullish trend continues and $0.0300 is cleared, $0.0325 becomes the next logical target.
Actionable Advice:
For Short-Term Traders: Consider taking partial profits near $0.0280 and adjust stop-loss levels to secure gains.
For Long-Term Investors: This level offers an accumulation opportunity, targeting $0.0325 for potential upside.