$PENGU /USDT Analysis:
Current Price: $0.038036
Market Structure: Clear bullish recovery, breaking resistance levels with high volume, suggesting a potential continuation.
Key Levels:
Long Entry: $0.037500 (retracement zone near support).
Stop Loss: Below $0.036900 to reduce risk.
Targets:
Target 1: $0.039200
Target 2: $0.040000
Next Move:
If the price sustains above $0.037500, a bullish continuation to $0.040000 is likely. Watch for a potential pullback to $0.037500 as a reentry opportunity.
