🚀 $PENGU /USDT Gains Momentum: Watch for Key Levels!
$PENGU is trading at $0.04005, up 15.42% in the last 24 hours, showcasing strong bullish momentum. As the price approaches critical resistance, traders should prepare for potential breakout opportunities or a retracement.
Key Levels to Watch:
Support Zone: $0.0368 – A retest and hold could signal strength.
Resistance Levels:
1. $0.0435 (Immediate Resistance)
2. $0.0465
3. $0.0500
Trade Setup:
Upside Potential: A breakout above $0.0435 could propel usual toward $0.0465 and $0.0500, signaling continued bullish momentum.
Downside Risk: A rejection at $0.0435 may lead to a retracement toward $0.0368 or lower.
Risk Management:
Stop-loss: Place below $0.0360 to limit downside risk.
Monitor usual closely as it tests these levels. Bulls seem in control, but watch for any shift in momentum.
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