Post for $PENGU /USDT Technical Analysis
š $PENGU /USDT Analysis Update:
Current Price: $0.035445 (+24.76%)
24H Range: $0.028361 - $0.039488
30-Minute Chart Overview: PENGU has seen a sharp rally, breaking above $0.035 and briefly touching $0.039. The price is consolidating, indicating potential for another breakout if momentum resumes.
šÆ Targets:
1. First Target: $0.037 - Immediate resistance. Breaking this could confirm bullish momentum for short-term gains.
2. Second Target: $0.040 - Medium-term resistance and a significant psychological level.
3. Third Target: $0.045 - Long-term bullish target, signaling the continuation of the rally.
š” Actionable Insights:
Secure partial profits near $0.037.
Set your stop-loss at $0.033 to protect gains.
Monitor RSI and volume trends for signals of another breakout above $0.037.
š Long-Term View: A sustained breakout above $0.040 could set PENGU on a path toward $0.050, reflecting strong bullish sentiment.