$PENGU /USDT: Consolidation with Upside Potential – Levels to Watch

Current Price: $0.03813 (+3.98%)

Key Targets:

1. $0.03850 (Immediate Resistance)

2. $0.04000 (Breakout Level)

3. $0.04350 (Recent High)

Market Overview: $PENGU is consolidating after testing support at $0.03715. Bulls are regaining momentum with slight upward movement, targeting $0.03850 as the next resistance. A sustained push could drive the price to $0.04000 or higher.

Action Plan:

Short-term Traders: Look for scalping opportunities near $0.03850. Use $0.03750 as a stop-loss level for risk management.

Long-term Investors: Focus on accumulation near $0.03800, targeting $0.04000 and $0.04350 for higher gains.

Monitor volume dynamics and market sentiment for confirmation of the next move.

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