$PENGU /USDT Analysis: Uptrend Confirmed! 💯🔥
PENGU/USDT price has broken through a key resistance area at $0.028, and is now trading at $0.030177 (+14.66% for the day). This breakout indicates strong bullish momentum.
Entry Strategy, Target & Stop Loss:
• Entry Area: Current price levels around $0.030177.
• 1st Target: $0.032000 (next resistance area).
• 2nd Target: $0.035000 (medium-term resistance).
• Stop Loss: Place it at $0.027800 (below the breakout area).
Key Points of Analysis:
• Breakout above the purple resistance area indicates a strong buying opportunity.
• Rising volume confirms bullish conviction.
• Short-term traders can lock in partial profits near 0.032, holding the second target if the momentum continues.
Manage risk wisely and always set stop-loss orders to protect your capital!