$PENGU

🐧 PENGU/USDT Technical Analysis: Eyes on $0.032018!

The PENGU/USDT pair is currently trading at $0.032018, showing signs of consolidation near critical levels. Here’s the technical breakdown:

Support Zone: The price is testing a key support at $0.0315. Holding above this level could invite buyers, while a breakdown may push the price toward $0.0300, a psychological level.

Resistance Levels: Immediate resistance lies at $0.0330, followed by a strong barrier at $0.0345. A breakout above these levels could open the path for a rally.

📊 Momentum Analysis: The market is in a tight range, with low volatility. A breakout or breakdown from this zone will likely determine the next trend.

Trading Strategy:

Long Entry: Enter above $0.0330, targeting $0.0345–$0.0350, with a stop-loss below $0.0325.

Short Entry: Consider a short position if the price falls below $0.0315, targeting $0.0300, with a stop above $0.0320.

Stay alert for any volume spikes, as they could signal a decisive move. Remember to trade with caution and stick to your plan! 🚀

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