$PENGU Analysis

$PENGU is trading at $0.030954, down 8.85% in the last 24 hours, showing signs of consolidation after a steep decline. The price is approaching a critical support zone where a potential bounce could occur.

🔑 Key Levels to Watch:

Resistance: $0.0325 – Targets: $0.0330, $0.0335.

Support: $0.0307 – Downward targets: $0.0305, $0.0300.

📈 Trade Setup:

Long Entry: Above $0.0315 with targets at $0.0330 and $0.0335.

Short Entry: Below $0.0307 with targets at $0.0305 and $0.0300.

⚠️ Stop-loss:

Long: Below $0.0307.

Short: Above $0.0315.

With current market conditions, the next move depends on whether $PENGU can hold the $0.0307 support level or face further downside. Keep an eye on trading volume for confirmation.

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