Technical Analysis for $PENGU /USDT
Target Achieved: 馃毃 $PENGU /USDT is trading at $0.026186, down -17.46% in the last 24 hours. The pair is currently experiencing strong selling pressure, leading to a downward trend on the 30-minute chart.
Next Potential Targets:
1. Immediate Resistance: $0.027000
2. Breakout Target: $0.028500
3. Extended Target: $0.030000
Key Insights:
The $0.025500 support level is crucial for halting further decline and initiating a recovery.
A break above $0.027000 could signal a rebound toward $0.028500, with potential to test $0.030000 if buying interest emerges.
Traders should remain cautious and set tight stop-losses below critical support levels to manage risks in this volatile phase.