$PENGU
/USDT Technical Analysis & Trade Signal#Crypto2025Trends #GrayscaleHorizenTrust #BinanceLaunchpoolBIO
Current Price: $0.041715
Trend: Bullish
Momentum: Strong upward movement (+18.55% in 24 hours)
Key Levels:
Support: $0.034344 (24h Low)
Resistance: $0.043500 (24h High)
Trade Signal:
Buy Entry: Around $0.0415 – Enter if price holds above $0.0400 for confirmation of continued upward momentum.
Target Levels:
1. Target 1: $0.043500 – First resistance level (anticipating potential resistance here).
2. Target 2: $0.045000 – Next resistance zone if momentum continues.
3. Target 3: $0.048000 – Long-term bullish target if the trend continues.
Trade Momentum:
Strong Bullish Momentum: The price shows a solid rise of over 18% in 24 hours, indicating strong buyer interest.
Risk Management: Tight stop loss near $0.037000 (just below support) to manage downside risk.
This analysis is based on current price movements; keep monitoring the chart for potential adjustments.