🚀 $PENGU /USD: AROUND KEY LEVELS – WATCH FOR A POTENTIAL BREAKOUT! ⚡
The $PENGU /USD pair is currently trading at $0.036504, testing important support and resistance zones. A breakout could be on the horizon, so traders should keep an eye on these levels for potential moves.
📊 Trade Scenarios:
Entry Point: $0.036504
Take Profit (TP) 1: $0.03750
Take Profit (TP) 2: $0.03850
Take Profit (TP 3): $0.04000
Stop Loss (SL): $0.03500
Support is at $0.03500, while resistance is located at $0.03750. A breakout above $0.03750 could push the price toward $0.03850 and $0.04000. A drop below $0.03500 could signal a bearish retracement.
📉 Market Outlook:
PENGU is consolidating near $0.036504, with support holding at $0.03500. If the price stays above this level, we could see a potential move toward $0.03750 and beyond. A breakout above $0.03750 would confirm the bullish trend. However, a fall below $0.03500 could signal a reversal.
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