$PENGU /USDT Primed for Gains: Momentum in Action! 🔥💯
$PENGU is currently trading at $0.034337, showing resilience within a well-defined ascending channel on the 30-minute chart. The price has retraced slightly but remains supported, signaling potential for another leg higher.
Key Levels to Watch:
• Resistance: $0.035000
• Support: $0.034000
A breakout above the resistance could trigger a significant upward move, potentially targeting $0.036000. For a strategic entry, consider positioning near $0.034337, with profit targets at $0.035000 and $0.036000.
To mitigate risks, set a stop-loss around $0.034000, keeping the risk/reward ratio favorable. The current consolidation phase within the channel provides a high-probability setup for short-term traders.
Stay focused, and keep an eye on volume and momentum indicators—PENGU is gearing up for a decisive move!
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