$PENGU /USDT Technical Analysis & Trade Signal
Current Price: $0.035037
24h Price Change: +12.58%
Key Levels:
Support: $0.030738 (24h Low)
Resistance: $0.039488 (24h High)
Technical Indicators:
SAR (Stop and Reverse): 0.034809 (indicating slight upward momentum)
Recent Price Action: Bullish with a positive 24h change (+12.58%)
Volume: 9.30B PENGU traded, indicating strong market interest
Momentum:
The price is experiencing bullish momentum with a steady increase over the past 24 hours.
The market is currently above the SAR level, indicating upward pressure.
Trade Signal:
Long Position Entry:
Buy Zone: At $0.035037 or on a pullback to $0.034000 (near the SAR value).
Target Levels:
1. Target 1 (Short-term): $0.037000
Next immediate resistance level.
2. Target 2 (Medium-term): $0.039000
Approaching the previous 24h high resistance.
3. Target 3 (Long-term): $0.040000
Potential break of resistance with further bullish momentum.
Stop-Loss Level:
Stop-Loss: $0.033000
Below the SAR value for added protection against potential reversal.
Trade Momentum:
Bullish: The market has shown positive momentum over the last 24 hours, and the indicators suggest that the price may continue its upward trend.
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