$PENGU /USDT Technical Analysis š
Current Price: PENGU/USDT is trading at $0.028570, showing a +3.57% increase in the last 24 hours. The recent price action suggests bullish momentum with further potential upside.
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Next Potential Targets:
1. Target 1: $0.029000 - Immediate resistance and a short-term breakout level.
2. Target 2: $0.030000 - A key psychological resistance level for bullish continuation.
3. Target 3: $0.032000 - Long-term resistance, signaling a significant rally if breached.
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Strategy
Secure partial profits near $0.029000 to capitalize on the current upward momentum.
Adjust your stop loss to $0.028000 to manage risks effectively.
Watch for sustained buying pressure above $0.030000, targeting further gains toward $0.032000.
š The bullish price action and increasing volume indicate strong potential for continuation. Monitor closely for breakout confirmations.