$PENGU /USDT: Stable upward channel trend!

1. Main trend: PENGU is moving in a distinct upward channel, with the current price (~0.041034) near the middle of the channel.

2. Resistance and support:

• Upper resistance: 0.048902 – if surpassed, the price may test higher levels.

• Lower support: 0.024473 – an area to watch if the price turns back down.

3. Trading strategy:

• If the price continues to maintain within the upward channel and trading volume improves, the Long opportunity with a target around 0.048902 is quite clear.

• If the price drops to the lower support area, this could be a good point to consider entering a Long position after confirming a rebound signal.

Assessment: With an increase of +12.44% for the day, PENGU is attracting capital flow. Keep a close watch on the channel's boundaries to make optimal trading decisions! #PENGU🔥