🚀 $PENGU /USDT: TESTING KEY LEVELS – BREAKOUT OR CONSOLIDATION? ⚡
The $PENGU/USDT pair is currently trading at 0.038064, hovering near critical support and resistance zones. Traders should keep an eye on the price action as the market prepares for its next move.
📊 Trade Scenarios:
Entry Point: 0.038064
Take Profit (TP) 1: 0.039000
Take Profit (TP 2): 0.040500
Take Profit (TP 3): 0.042000
Stop Loss (SL): 0.036800
Support is found at 0.036800, while resistance is at 0.039000. A breakout above 0.039000 could push the price toward 0.040500 and 0.042000. Conversely, a drop below 0.036800 might indicate bearish momentum.
📉 Market Outlook:
PENGU is consolidating near support at 0.036800. If this level holds, it could trigger a bullish move toward 0.039000 and higher. However, failure to hold support could lead to a pullback, so traders should monitor these levels closely.
🔥 What’s your view on PENGU? Drop your thoughts in the comments! Don’t forget to like, follow, and stay tuned for more updates. 📈💬
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