🐧 Pudgy Penguins (PENGU) Gains +8.15% 🐧
$PENGU is currently trading at $0.038168, up +8.15% in the past 24 hours. This upward momentum reflects growing interest in this unique asset.
Key Levels to Watch
🔑 Resistance: $0.0400 – Breaking above this psychological level could accelerate gains.
🔑 Support: $0.0360 – Holding this level is crucial to maintain bullish sentiment.
Trade Setup
Long Entry: Enter near $0.0380, aiming for targets at $0.0400 and $0.0425.Short Entry: If $PENGU faces rejection near $0.0400, target retracement levels at $0.0365 and $0.0350.
Risk Management
⚠️ Stop-loss: For long trades, place a stop-loss at $0.0355 to limit downside risk.
Market Insight
The recent price increase aligns with positive market sentiment and growing trading volume for $PENGU. A sustained move above $0.0400 could attract more buyers, pushing the price toward higher levels.
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