Technical analysis and targets for binance $BIO , $USUAL , $PENGU 🚀
BIO
0.5689
-.78%
USUAL
0.6945
-15.18%
PLEDGES
0.034291
-9.86%
BIO (Current price: $0.5653)
24-hour change: -11.26%
Trend: Downward momentum, but consolidation and reversal possible.
Support Level: $0.5200
Resistance Level: $0.6400
🎯 Objectives:
1. $0.6000 - Short-term resistance; a break above this could indicate a bounce.
2. $0.6400 - major resistance; key level for potential trend reversal.
3. $0.7000 - Aggressive target if bullish momentum continues.
🔋 Trading Momentum: Watch for stability above $0.6000. A break and hold here could pave the way for bullish momentum.
--
USUAL (Current price: $0.693)
24-hour change: -14.85%
Trend: Bearish with strong selling pressure. Possible reversal if key levels are broken.
Support Level: $0.6500
Resistance Level: $0.7500
🎯 Objectives:
1. $0.7100 - Immediate resistance for short-term gains.
2. $0.7500 - major resistance; major breakout area.
3. $0.8000 - Aggressive upside target in case of strong upside momentum.
🔋 Trading Momentum: Currently in a downtrend. Look for bullish reversal signals above $0.7100 to enter buy trades.
--
PENGU (current price: $0.034194)
24-hour change: -10.10%
Trend: Bearish with possible consolidation near support levels.
Support Level: $0.0300
Resistance Level: $0.0400
🎯 Objectives:
1. $0.0370 - short-term resistance; potential breakout level.
2. $0.0400 – A major resistance level that must be overcome to achieve an upward turn.
3. $0.0450 - aggressive target; major resistance if momentum gains momentum.
🔋 Trading Momentum: Bearish in the short term. Watch for a break above $0.0370 for potential bullish momentum.
🚀 Summary of key business opportunities
Bio: Look for a break above $0.6000 for a potential reversal.
Usual: Watch for a reversal above $0.7100 to confirm the uptrend.
PENGU: Watch support at $0.0300 and a break above $0.0370 for bullish opportunities
#CryptoMarketDip #BinanceAlphaAlert #OnChainLendingSurge #MicroStrategyAcquiresBTC
