$PENGU

/USDT Technical Analysis:💯🔥

Current Price: $0.039261 (+12.93%)

Momentum: Bullish – Strong buying pressure observed with a 24-hour high close to resistance levels.

Key Indicators:

RSI: Above 60, indicating bullish momentum but nearing overbought territory.

MACD: Positive divergence, supporting upward momentum.

Volume: High, signaling increased trader interest.

Trade Signal:

Type: Long (Buy)

Entry Range: $0.0385–$0.0395

🎯 Targets:

1. $0.0415 (Short-term resistance)

2. $0.0440 (Previous swing high)

3. $0.0475 (Breakout extension level)

Stop Loss:

Place below $0.0360 (support zone).

Caution: If the price nears the 24-hour high ($0.040916) without sustaining momentum, expect a retracement to $0.037–$0.036 levels before another move up.

Trade responsibly and adjust risk as per your strategy.

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