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$PENGU /USDT Price Analysis
$PENGU /USDT is showing a strong upward move, currently trading at $0.039309, reflecting an impressive 18.34% gain in the last 24 hours. The price has risen sharply from a low of $0.032896 to a high of $0.039872, indicating solid buying interest and market momentum.
Key Levels to Watch:
Support: $0.03661 – Holding above this level will be crucial to sustain the rally.
Resistance: $0.04038 – Breaking above this critical resistance could lead to additional gains.
Trading Setup:
Long Entry: Around $0.03930, with momentum confirmation above $0.04000.
Targets:
1. $0.04150 (Short Term)
2. $0.04300 (Medium Term)
Risk Management:
Stop Loss: $0.03580 – Protect against potential downside risks.
Market Overview:
PENGU is showing significant strength, supported by increasing trading volume and positive sentiment. A break above $0.04038 could open the door for further upside, while a pullback near $0.03661 could provide another buying opportunity. Traders should closely monitor momentum and volume to confirm the next move.
