Will
#PENGU erase two zeros in the first week of March or will it face resistance before a major breakout❓
$PENGU /USDT Gains 18% – Is a Breakout or Reversal Coming❓
$PENGU is trading at $0.008254, up +18.75%, after reaching a 24-hour high of $0.008550. The price has rebounded from a low of $0.006823, indicating strong buyer interest.
Key Levels to Watch
Resistance: $0.008550 – A breakout could push PENGU towards $0.009000-$0.009500.
Support: $0.008051 – Losing this level may lead to a correction towards $0.007800-$0.007500.
Trade Setup
Long Entry: If PENGU stays above $0.008250, next targets are $0.008800-$0.009200.
Short Entry: A rejection at $0.008550 could send it back to $0.008000-$0.007700.
Market Insight
MACD: Turning positive, signaling momentum shift.
Order Book Sentiment: 48.86% Buy vs. 51.14% Sell, showing mixed interest.
PENGU’s trend is bullish, but traders should watch for volatility at key resistance levels.
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