$PENGU /USDT Analysis!đ„đŻ
đ Bull Run Confirmed!
The chart reflects strong bullish momentum for PENGU/USDT with a significant breakout above the key resistance zone (highlighted in purple). This upward movement signals a solid trend reversal, with buyers dominating the market.
Entry Point
Current price: 0.04088 USDT
This level offers an ideal entry for short-term and swing traders.
Targets
âą Target 1: 0.04350 USDT
âą Target 2: 0.04600 USDT
âą Target 3: 0.04800 USDT (longer-term perspective)
Stop Loss
Place a stop loss at 0.03850 USDT to protect against potential downside risks.
Strategy
âą Consider booking partial profits at each target level.
âą Monitor volume and price action closely to confirm trend continuation.
âą Adjust stop loss to the breakeven point once the first target is achieved.
Key Note: Momentum is strong, but ensure proper risk management in case of market reversals.
Happy trading!