$PENGU /USDT Trading Signal - Consolidation After a Strong Move
Current Price: $0.035768 (+5.39%)
24H High: $0.036972
24H Low: $0.033158
PENGU is consolidating after reaching a 24H high of $0.036972. The current price level suggests a possible accumulation phase before the next potential breakout.
---
Key Levels to Watch:
Support Zone: $0.035500 - $0.035600
Resistance Zone: $0.036800 - $0.037000
---
Trading Signal for Long Positions:
Entry Range: $0.035700 - $0.035800
Target 1: $0.036900
Target 2: $0.037500
Stop Loss: $0.035200
Recommendation: Monitor the price action closely at support levels. Look for increased volume near resistance to confirm breakout potential. Use tight stop-loss to manage risk effectively.
#PENGUUSDT #CryptoSignals #Binance #CryptoTrading