🧊 Pudgy Penguins ($PENGU) Soars: Is $0.05 in Sight? 🧊

$PENGU has jumped +12.93%, currently trading at $0.0401. After a solid price increase, Pudgy Penguins is showing potential for further gains as the momentum builds.

Target Price

🚀 Target: $0.05 – With the bullish movement, Pudgy Penguins could reach this next key level if the positive trend continues.

Key Levels to Watch

🔑 Immediate Resistance: $0.045 – Breaking this resistance could push the price closer to the $0.05 target.
🔑 Immediate Support: $0.035 – A retracement to this support level could provide an entry point for potential buyers.

Trade Setup

Long Entry: Consider entering near $0.0401, targeting $0.05 for a potential 25% return.Short Entry: If the price dips below $0.035, consider watching for support around $0.030 before making your move.

Risk Management

💡 Stop-loss: Place a stop-loss at $0.032 to manage downside risk in case of market pullbacks.

Market Insight

Pudgy Penguins is gaining attention in the NFT space, and its price action indicates growing market interest. Watch for continued volume and momentum to drive this coin higher.

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