PENGU/USDT Technical Analysis: Buy & Sell Targets, Entry Points, Stop Limit & Pro Tip 🎯
Current Price: 0.024996
Key Trading Levels:
Buy Target 1: 0.02550
Buy Target 2: 0.02600
Buy Target 3: 0.02700
Sell Target 1: 0.02900
Sell Target 2: 0.03000
Sell Target 3: 0.03100
Entry Point:
Buy Entry: 0.02350 (Wait for confirmation around this level)
Stop Limit:
Stop Loss: 0.02200 (Limit potential losses in case of further downward movement)
Take Profit: 0.03100 (Take profit when price hits this level)
Pro Tip:
If the price breaks above 0.02600, it could signal a potential bullish move towards 0.03000. However, if the price falls below 0.02200, it may indicate further downside risk. Use stop limits to protect against significant losses.
Market Sentiment:
Market Direction: Bearish
Currently facing selling pressure, but watch for a potential rebound near the 0.02200 support level. Monitor price action closely for signs of reversal.
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