📈 $PENGU /USDT Technical Analysis – Short Trade Setup
🚀 Current Price: $0.03185 (+16.78%)
📊 24h High/Low: $0.039500 / $0.027273
💰 24h Volume: 14.82B PENGU (~$504.11M USDT)
🔍 Market Overview:
PENGU/USDT has shown a notable recovery, gaining over 16% in the last 24 hours. The price is currently consolidating, with potential for further short-term movements.
Resistance Levels: Key resistance at $0.035 and $0.039.
Support Levels: Strong support at $0.030 and $0.027.
Indicators such as MACD and RSI suggest bullish momentum, while caution is advised near resistance zones for possible reversals.
🎯 Short Trade Targets:
1️⃣ Target 1: $0.0335
2️⃣ Target 2: $0.0350
3️⃣ Target 3: $0.0385
⚠️ Stop-Loss: $0.0298
💡 Strategy: Monitor the price at key resistance levels. A breakout above $0.039 may trigger a new uptrend, while rejection could lead to a pullback to support at $0.030.
📢 Disclaimer: This post is for informational purposes only and not financial advice. Conduct your own research before trading.
