$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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