$PENGU /USDT has been experiencing a period of consolidation after a recent decline. The price is currently trading near the lower end of this range, suggesting potential for a bullish reversal.
Current Price: $0.026602
Entry: Consider a long position at the current price or a slight pullback to the $0.026000 support level.
Resistance Levels:
* $0.028000
* $0.030000
* $0.032000
Support Levels:
* $0.026000
* $0.024000
Take-Profit Targets:
* Target 1: $0.028000
* Target 2: $0.030000
* Target 3: $0.032000
Stop Loss: Place a stop loss below the recent low around $0.024000 to protect against further downside.
Caution:
* The market is currently volatile. Exercise caution and manage your risk.
* Monitor the price action closely for signs of stability or potential breakout signals.
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