$PENGU 🤔

PENGU

0.032711

+6.18%

/USDT:

Technical Analysis:

Current Price: $0.032717 (+5.39%)

Support: $0.029600 (24-hour low)

Resistance: $0.034000 (24-hour high)

Moving Averages:

MA(7): 0.032915 (indicating bullish momentum)

MA(25): 0.031416 (providing support)

MA(99): 0.030910 (stronger support)

Momentum: Positive momentum as price remains above major moving averages, indicating a bullish short-term outlook.

Trading Signals:

Buy Signal: If price breaks above $0.034000, it suggests a possible bullish continuation.

Sell ​​Signal: If the price drops below $0.029600, consider exiting as it may indicate a bearish reversal.

Target Levels 🎯:

1. Target 1: $0.034205 (next immediate resistance)

2. Target 2: $0.035000 (psychological resistance)

3. Target 3: $0.036000 (potential breakout level)

Trading Momentum: Bullish, with positive price action above the 7-period moving average. If the price maintains above $0.031416, the trend is expected to continue upward towards $0.035000 and $0.036000.