$PENGU

/USDT: Bullish Momentum Confirm Ready for Opportunity 💥💫💯

Technical Snapshot:

Current Price: 0.039972 (up 9.21% in 24h, minor increase of +0.06% in the 30-minute chart)

24h High: 0.041642

24h Low: 0.035580

Volume: 3.41B PENGU, 129.95M USDT

Trend: Bullish momentum with potential for further upside.

Support & Resistance:

Support: 0.036000 (strong support level), 0.035580 (24h low)

Resistance: 0.040000 (psychological level), 0.041642 (24h high), 0.045000 (next key resistance)

Trade Strategy:

1. Bullish Entry:

Trigger: If the price breaks above 0.040000

Targets: 🎯0.041500 | 🎯0.042500 | 🎯0.045000

Stop Loss: 0.035500 (below the 24h low)

2. Bearish Entry:

Trigger: If the price falls below 0.035580

Targets: 🎯0.034000 | 🎯0.032000 | 🎯0.030000

Stop Loss: 0.040000 (above resistance)

Indicators to Watch:

RSI: Watch for any overbought conditions that could signal a pullback around 0.040000 or higher.

MACD: A bullish crossover on the MACD can confirm the continuation of the uptrend.

Volume: Increasing volume with price rising above 0.040000 will confirm breakout potential.

Conclusion:

Bullish Outlook: A breakout above 0.040000 could send the price toward 0.041500 and 0.045000.

Bearish Outlook: A fall below 0.035580 might lead to a retracement toward lower support levels.

Watch for a confirmation breakout before entering!

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