$PENGU

/USDT Bull Run Outlook Momentum Continue 💯 💥 📈

Price: $0.037129 (+1.66%)

24h Change: +41.29%

24h High: $0.037500

24h Low: $0.026173

24h Volume (PENGU): 8.25B

24h Volume (USDT): $267.28M

Market Segment: NFT and Meme

Technical Analysis (30m Timeframe)

Resistance Levels:

Immediate Resistance: $0.037500 (24h high)

Next Resistance: $0.038500

Support Levels:

Immediate Support: $0.036000

Next Support: $0.035000

Indicators:

Moving Averages: Price is trading above the 20 EMA, indicating continued bullish momentum.

MACD: Bullish crossover with increasing histogram, supporting the uptrend.

RSI: 75 (approaching overbought territory, indicating potential for a pullback or consolidation).

Bollinger Bands: Price is near the upper band, suggesting strong bullish pressure but caution for potential volatility.

Trade Signal

Momentum: Bullish

Entry Point: $0.036500 - $0.037000

Target Levels 🎯:

1. Target 1: $0.038000

2. Target 2: $0.039000

3. Target 3: $0.040000

Stop Loss: $0.034500

Trade Strategy:

Short-Term: Exit at Target 1 to secure profits.

Mid-Term: Hold for Target 2 or 3 if the trend continues.

Risk Management: Move stop-loss to breakeven after hitting Target 1 to minimize potential losses.

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