$PENGU

/USDT: Strong Dip Move Confirm 💯 💫 Ready for next move 💯

Key Data:

Current Price: 0.039066

24h High: 0.045178

24h Low: 0.038697

24h Volume (PENGU): 3.27B

24h Volume (USDT): 136.80M

Price Change (24h): -12.18%

Recent 15m Move: +0.000066 (+0.17%)

Trade Plan:

Entry Zone:

Enter around: 0.03870–0.03900, near the recent low and support level.

Targets:

🎯 T1: 0.04050 – Short-term recovery towards resistance.

🎯 T2: 0.04200 – Mid-range resistance, test potential reversal.

🎯 T3: 0.04400 – Close to 24h high for breakout attempt.

Stop-Loss:

Set at: 0.03800, just below the 24h low.

Trend Analysis:

Downtrend: The price is down 12.18% over 24 hours, but near the 24h low suggesting possible support.

RSI: Oversold territory, which hints at a potential rebound.

Volume: Healthy trading volume, so monitor for further price action to confirm a reversal.

Strategy:

Focus on entering near support and target quick gains at T1, with options to scale into higher targets.

Manage risk by placing a tight stop and adjust your position based on price confirmation.

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