$PENGU

🐧 PENGU/USDT – Technical Analysis 🐧

PENGU is trading at 0.031107 USDT, sitting at a key inflection point. Bulls are defending support at 0.030500, while resistance around 0.033000 is keeping upward momentum in check. A decisive breakout could trigger the next wave of volatility!

🔹 Support Levels:

0.030500: Crucial near-term support to watch.

0.028800: Strong fallback if selling pressure increases.

🔹 Resistance Levels:

0.033000 – 0.034500: Breaking this could pave the way for bullish continuation.

0.037000: A key upside target if momentum accelerates.

🎯 Entry Strategy:

Long Setup: Consider long entries if the price holds 0.030500 or breaks above 0.033000 with volume.

Short Setup: Look for short positions if the price faces rejection near 0.033000, targeting 0.030500 – 0.028800.

🔥 Momentum Watch: A strong close above 0.034500 could spark a rally, while dropping below 0.030500 might lead to more downside action. Stay nimble and trade the breakout!

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