$PENGU /USDT Technical Analysis
Current Price: $0.027602 (+4.31%)
24H Range: $0.025185 - $0.028746
Volume: 2.81B PENGU
Key Insights:
$PENGU/USDT has shown strong recovery momentum, bouncing from $0.026500 and briefly testing $0.028700 resistance.
Current price action suggests potential for continuation toward key resistance levels if momentum sustains.
🎯 Targets:
1. Target 1: $0.028500
Rationale: Immediate resistance; achievable in the short term.
Action: Consider securing partial profits at this level.
2. Target 2: $0.029200
Rationale: Near-term resistance, aligning with 24H high zone.
Action: Hold positions if price consolidates above $0.028500.
3. Target 3: $0.030000
Rationale: Psychological level; likely to trigger profit-taking by large traders.
Action: Full profit-taking recommended.
🔑 Strategy:
Stop Loss: Place below $0.026500 to minimize downside risk.
Indicators to Watch: Increasing volume and RSI crossing into overbought territory for further bullish confirmation.
