$PENGU

/USDT Bull Run Outlook Watching for potential bounce 💯 💥 🎯

Price: $0.034916 (+15.44%)

24h Change: +31.74%

24h High: $0.036800

24h Low: $0.026173

24h Volume (PENGU): 7.42B

24h Volume (USDT): $234.98M

Market Segment: NFT Gainer

Technical Analysis (1D Timeframe)

Resistance Levels:

Immediate Resistance: $0.036800 (24h high)

Next Resistance: $0.040000 (psychological level)

Support Levels:

Immediate Support: $0.032000

Next Support: $0.026200

Indicators:

Moving Averages: Price is above the 20 EMA and 50 EMA, confirming a strong uptrend.

MACD: Bullish crossover, showing increasing momentum.

RSI: 75 (overbought zone but still has upside potential).

Bollinger Bands: Price is near the upper band, suggesting strong bullish momentum.

Trade Signal

Momentum: Bullish

Entry Point: $0.033500 - $0.035000

Target Levels 🎯:

1. Target 1: $0.037500

2. Target 2: $0.040000

3. Target 3: $0.045000

Stop Loss: $0.030000

Trade Strategy:

Short-Term: Take profit at Target 1 for quick gains.

Mid-Term: Hold positions for Target 2 or Target 3 if momentum sustains.

Risk Management: Ensure proper stop loss to manage pullbacks.

#BinanceAlphaAlert #GrayscaleHorizenTrust #BinanceLabsBacksUsual #MicroStrategyInNasdaq100 #BTCNextMove