$PENGU 💰🤑🔥🔥
/USDT Technical Analysis: Key Levels to Watch 🎯
The PENGU/USDT pair is currently experiencing an impressive upward movement, and traders should keep a close eye on the following critical price targets:
1. First Target: $0.03700
After the recent bounce from the 24-hour low, the first target of $0.03700 looks achievable in the short term. A breakout above this level could open the path for higher gains.
2. Second Target: $0.03950
This level corresponds with the 24-hour high and represents a key resistance area. A push beyond $0.03950 could signal stronger bullish momentum, confirming the upward trend.
3. Third Target: $0.04200
If the upward trend continues, $0.04200 becomes a significant resistance level where profit-taking could occur. Traders should monitor for signs of exhaustion near this zone for potential reversal signals.
Current Price: $0.03461 (+8.11%)
Keep a close watch on volume and momentum indicators, as they will provide additional insights into the sustainability of the rally. Stay updated and trade smartly!
This technical analysis provides a clear view of the targets and market behavior for the PENGU/USDT pair. Let me know if you need adjustments!