🚨 $PENGU /USDT ALERT: VOLATILE ZONE – MAJOR MOVE INCOMING! 🚨
PENGU/USDT is currently trading at $0.033597, down 5.48% in the last 24 hours, as it struggles to hold above key support levels. The market is seeing declining momentum, but a rebound could lead to potential gains.
Key Levels to Watch:
Immediate Resistance: $0.036972 – A breakout here could indicate bullish continuation.
Critical Support: $0.033256 – Failure to hold this level could trigger further decline.
Trade Setup:
Entry Point: Around $0.0336
Targets:
1. $0.0370 (Short-term)
2. $0.0395 (Mid-term resistance)
3. $0.0435 (High-level target)
Risk Management:
Stop-loss: $0.0328 – To minimize downside risk.
Market Insight:
With a 24-hour trading volume of 2.67B PENGU, the price is at a critical juncture. Watch for a breakout above $0.036972 to confirm bullish momentum. A drop below $0.033256 could attract selling pressure, leading to a retest of lower support levels.
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