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Binance Technical Analysis: $PENGU

USDT 🚀

📈 Market Overview:

PENGUUSDT has shown positive momentum, with a current price of 0.012400 USDT, marking a solid gain of +2.75%. The market seems poised for further movement, so let’s dive into the technicals.

🔑 Key Levels to Watch:

Entry Level: 0.012100 USDT

Target 1 (🎯): 0.012500 USDT

Target 2 (🎯): 0.012800 USDT

Stop Loss: 0.011800 USDT

🔍 Analysis:

The price is currently in an upward trend, with 0.011800 acting as a key support level.

A break above the 0.012200 resistance could lead to a bullish push toward 0.012500 (Target 1) and potentially 0.012800 (Target 2).

Keep an eye on price action around 0.012100 for a solid entry point. If the price retraces, 0.011800 is a critical level to maintain stop loss discipline.

💡 Trade with caution and always manage your risk!