Congratulations to All on $PENGU call ... Successful Targets ...
#PENGU /USDT Analysis: Bullish Momentum Strengthening
$PENGU /USDT is showcasing a strong upward trend, trading at $0.036223 with a 7.53% increase in the last 24 hours. The price has surged from a low of $0.032896, reaching a 24-hour high of $0.036277. This sharp rally is supported by rising volume, indicating growing interest and potential for further gains.
Key Levels to Watch:
Resistance:
$0.036500 – The next key resistance zone. A breakout here could push the price toward higher levels.
Support:
$0.035000 – Immediate support to maintain the bullish trend.
$0.033500 – Secondary support in case of a pullback.
Trade Setup:
Entry Point: Around $0.036000
Targets:
Target 1: $0.037000
Target 2: $0.038500
Stop Loss: $0.034500
Market Insights:
PENGU/USDT is benefiting from sustained bullish momentum, with the price breaking above key levels. If the price holds above $0.035000, it could rally further toward $0.037000 and $0.038500. However, a failure to sustain this momentum might result in a minor correction.
Recommendation: Monitor $0.036500 resistance for a potential breakout and use tight stop-loss strategies to manage risk effectively.
