$PENGU
/USDT: Strong Dip Move Confirm 💯 💫 Ready for next move 💯
Key Data:
Current Price: 0.039066
24h High: 0.045178
24h Low: 0.038697
24h Volume (PENGU): 3.27B
24h Volume (USDT): 136.80M
Price Change (24h): -12.18%
Recent 15m Move: +0.000066 (+0.17%)
Trade Plan:
Entry Zone:
Enter around: 0.03870–0.03900, near the recent low and support level.
Targets:
🎯 T1: 0.04050 – Short-term recovery towards resistance.
🎯 T2: 0.04200 – Mid-range resistance, test potential reversal.
🎯 T3: 0.04400 – Close to 24h high for breakout attempt.
Stop-Loss:
Set at: 0.03800, just below the 24h low.
Trend Analysis:
Downtrend: The price is down 12.18% over 24 hours, but near the 24h low suggesting possible support.
RSI: Oversold territory, which hints at a potential rebound.
Volume: Healthy trading volume, so monitor for further price action to confirm a reversal.
Strategy:
Focus on entering near support and target quick gains at T1, with options to scale into higher targets.
Manage risk by placing a tight stop and adjust your position based on price confirmation.
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