$PENGU
/USDT Technical Analysis๐ฏ๐
Current Price: 0.036215
Price Movement (24h): +8.13%
Key Levels:
Support: 0.033158 (24h low)
Resistance: 0.036566 (24h high)
Indicators & Momentum:
RSI: Neutral to Bullish (watch for overbought signals)
MACD: Bullish crossover confirmed, indicating upward momentum
Moving Averages: Price is above short-term moving averages, suggesting an ongoing bullish trend
Trade Signal:
Buy Signal: Enter if price consolidates above 0.0360
Sell Signal: Watch for a break below 0.0332
Target Levels ๐ฏ
1. Target 1: 0.0375 (first resistance level, short-term target)
2. Target 2: 0.0390 (next key resistance level, medium-term)
3. Target 3: 0.0405 (potential for further upside, long-term)
Momentum:
The bullish momentum is strong, with price staying above key support levels. Watch for a pullback to around 0.0355 to enter positions with higher risk/reward potential.
Disclaimer: This analysis is based on current price action and technical indicators. Always conduct your own research and consider market risks.