š $PENGU /USDT Trading Signal ā Ready for Momentum?
Current Price: $0.028256 (+3.41%)
Pengu ($PENGU ) is regaining strength after testing its 24H Low of $0.025197 and reaching a 24H High of $0.032888. With current levels stabilizing above EMAs, it signals a potential move.
š Short Entry Signal:
A price rejection from current resistance levels could signal a short opportunity.
Entry Range: $0.027900 - $0.028200
Target 1: $0.027300
Target 2: $0.026800
Stop Loss: $0.028800
š Long Entry Signal:
If $PENGU breaks and sustains above $0.028800, further upside can be expected.
Entry Range: $0.028800 - $0.029200
Target 1: $0.030000
Target 2: $0.031000
Stop Loss: $0.027500
š Market Observations:
EMA levels are converging (EMA(7): $0.027715, EMA(25): $0.027929, EMA(99): $0.030136), indicating potential volatility.
A breakout above $0.028800 or breakdown below $0.027500 will determine the next direction.
Volume is spiking, suggesting increased trader interest.
Wait for confirmation at breakout or breakdown levels before entering. Use tight stop losses to mitigate risk.
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