$PENGU

Current Price: $0.010961

24h Volume: 22.47 million USDT

Market Cap: Approximately $3.3 million

24h Range: $0.010850 – $0.011202

52-Week Range: $0.009850 – $0.03519

🔧 Technical Indicators

1. Relative Strength Index (RSI)

Current RSI: Approximately 60.27

Interpretation: Indicates bullish momentum, approaching overbought territory.

2. Moving Averages (MAs)

Short-Term (5–50 days): Mixed signals; some MAs indicate a buy, while others suggest a sell.

Long-Term (100–200 days): Overall bearish trend with most MAs signalling a sell.

Current Price Snapshot

🔧 Technical Indicators

1. Relative Strength Index (RSI)

Current RSI: Approximately 60.27

Interpretation: Indicates bullish momentum, approaching overbought territory.

2. Moving Averages (MAs)

Short-Term (5–50 days): Mixed signals; some MAs indicate a buy, while others suggest a sell.

Long-Term (100–200 days): Overall bearish trend with most MAs signaling a sell.

✅ Trading Strategy

Buy Signal: Consider entering a position if the price consolidates above $0.011202 with increased volume.

Sell Signal: Exit the position if the price falls below $0.010500, indicating potential downside.

Stop-Loss: Set a stop-loss order around $0.010000 to mitigate potential losses.

⚠️ Risk Considerations

Volatility: The cryptocurrency market is highly volatile; prices can change rapidly.

Market Sentiment: External factors such as regulatory news can significantly impact prices.

Liquidity: Ensure sufficient liquidity before entering large positions to avoid slippage.