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Binance Technical Analysis: $PENGU 💯💰🤑🔥🔥🔥

/USDT - Three Key Targets to Watch

The PENGU/USDT trading pair has shown strong momentum, with a +18.80% increase in the past 24 hours. Let’s take a deeper look at the key technical levels to monitor for potential price movements.

Current Price: 0.036895 USDT (+2.07%)

1. Immediate Resistance: 0.039500 USDT
A strong resistance level is seen near 0.039500, marking the 24-hour high. A break above this level could signal further upward movement, potentially reaching the next key resistance level.

2. Support Level: 0.026200 USDT
The 24-hour low of 0.026200 serves as a solid support zone. If the price retraces to this level, we could see buyers stepping in, looking to push the price back up.

3. Mid-Term Target: 0.040000 USDT
With momentum building, a possible mid-term target could be 0.040000. This would be a significant breakout point for bulls, validating a continued bullish trend.

Keep an eye on these targets for potential price action. As always, remember to manage risk appropriately and trade wisely.