$PENGU / USDT Bullish Momentum Building: Potential for Further Gains! 🚀📈
$PENGU / USDT is showing strong bullish momentum on the 4-hour chart, currently trading at $0.011740, up by a significant 10.61%. This follows a substantial 129.45% increase over the past 30 days, indicating strong buying interest.
Key Observations:
* Strong Bullish Trend: The significant price increase over the last month highlights a robust upward trend.
* Recent Price Action: Despite the last 4-hour candle showing a slight pullback (-0.92%), the overall momentum remains bullish.
* Support Level: The 24-hour low of $0.010170 could act as a potential support level.
* Resistance Level: The 24-hour high is $0.012796. A break above this level could signal further upward movement.
Potential Scenario: If $PENGU / USDT can overcome the $0.012796 resistance with strong volume, it could pave the way for continued bullish momentum.
Stay alert and watch for potential breakout confirmations!
{spot}(PENGUUSDT)