1% probability, 99% faith in Elon Musk $PEPE

grateful for the jeets

🙏 $PENGU

biggest pump af all the time

PENGU//// THE WAVE WILL START UP UP 🔥🔥🔥🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀

Current Status Summary

1. Current Price: $0.03639 USD

Change in the last 24h: +17.43% (upward).

2. Market Capitalization: $2.27 billion USD

This shows a strong market valuation, although it will depend on the circulating supply.

3. 24h Volume: $1.97 billion USD

+63.62% in the last 24 hours, indicating an increase in trading activity.

4. Supply:

Total and Maximum: 88.888 PENGU

Circulating Supply: 62.41B PENGU.

Initial Observations

1. Current Uptrend: The price increase of 17.43% along with a volume growth of 63.62% suggests increasing demand in the short term.

2. Volume/Market Cap: 132.19%

This ratio is quite high, indicating high liquidity and significant activity compared to total capitalization.

3. Circulating Supply: There is a large amount in circulation (62.41B PENGU), which may affect its price growth due to the high supply.

Key Price Levels

To define investment or entry strategies, you can monitor these support and resistance levels (based on the current trend):

Key Support: ~$0.0034 USD

This is a previous level on the chart where the price showed stability before bouncing upward.

Immediate Resistance: ~$0.0375 USD

A break of this resistance could push the price to $0.04 USD as the next psychological target.

Bullish Target: $0.04 - $0.045 USD

If the upward trend continues with good volume.

Suggested Strategies

1. Short-term Trading:

Watch the volume and behavior at the resistance of $0.0375 USD. If it breaks strongly, it could be a quick buying opportunity towards $0.04 - $0.045 USD.

Place a stop-loss at levels close to $0.035 USD to avoid losses.

2. Medium-term:

Observe if the daily volume remains above $1.5 billion USD to confirm sustained interest.

If it falls below this level, it may indicate a correction.
Follow me

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