$PENGU
/USDT Technical Analysis 🧩
📉 Current Price: $0.035224 (-10.13%)
The market is showing high volatility, with PENGU testing key levels. Here are 3 potential targets to watch:
🎯 Target 1: $0.037500 (Short-term resistance)
If bullish momentum returns, this level could act as the first breakout zone. A close above it may signal recovery.
🎯 Target 2: $0.040000 (Mid-term target)
Breaking through this psychological level could open doors for further upside. Watch for volume spikes here!
🎯 Target 3: $0.034000 (Support level)
In case of continued selling pressure, this level may serve as a strong support zone. Traders could anticipate a rebound.
Key Indicators:
RSI: Approaching oversold, signaling potential for reversal.
Volume: Heavy trading activity with 5.90B PENGU in 24h volume.
Trend: Bearish but watch for signs of recovery near support levels.
Stay cautious and always manage risk! Let us know if you'd like deeper insights into this trend.