$PENGU
/USDT Technical Analysis & Trade Signal🔥💯
Current Price: $0.041369
Momentum: Bullish, with price up 14.81%, reflecting strong buying pressure.
Trade Signal:
Enter Long (Buy) near $0.041369 if support at $0.04065 holds.
Target Levels:
1. 🎯 Target 1: $0.04280 (near previous high)
2. 🎯 Target 2: $0.04500 (psychological resistance)
3. 🎯 Target 3: $0.04800 (extended breakout target)
Stop Loss:
Set below $0.03980 to minimize risk if momentum weakens.
Key Indicators:
RSI: Likely in overbought territory; consider monitoring for corrections.
Volume: High 24h trading volume supports the bullish move.
Momentum remains strong, but cautious trading is advised if resistance levels at $0.04250-$0.04500 show signs of selling pressure.