📊 $PENGU /USDT Technical Analysis - Strong Uptrend with Key Levels! 📊
Current Price: $0.035404 (+5.41%)
24h High: $0.036972
24h Low: $0.033158
/USDT is up 5.41% in the last 24 hours, currently trading at $0.035404. The price reached a 24-hour high of $0.036972 and is maintaining bullish momentum with key support levels forming.
Key Levels to Watch:
Support Levels:
$0.033158
$0.029516
Resistance Levels:
$0.036972
$0.044524
Volume Analysis:
24h PENGU Volume: 2.75B
24h USDT Volume: 96.89M
High trading volume indicates strong market interest, with a large supply of PENGU in circulation.
Depth Analysis:
Bid Depth: The support at $0.033158 is solid, with bids showing activity around $0.029516.
Sell Depth: Resistance is currently located at $0.036972 and $0.044524, with strong sell orders at the higher end of the range.
Short-Term Outlook:
Bullish Continuation: The price is maintaining a bullish trend, with key support at $0.033158. If the price holds above this level, we could see an upward move towards $0.036972.
Resistance Break: A breakout above $0.036972 may trigger further bullish action toward the next major resistance at $0.044524.
Conclusion: PENGU/USDT is showing strong bullish momentum with key support and resistance levels clearly defined. Watch for potential breakout opportunities if the price can hold above $0.033158.
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