๐ง $PENGU /USDT Technical Outlook โ May 22
Current Price: $0.013612 (โ 3.73%)
Category: NFT token
Volume (24h): 2.77B PENGU / 38.8M USDT
๐ Key Technical Indicators:
MA60: $0.013620 โ Price just below โ โ ๏ธ Mild bearish trend
Volume (MA5 & MA10): Strong โ ๐ Active trading interest
Support Zones:
Immediate: $0.0135 โ โ ๏ธ Watch this closely
Strong: $0.01295 โ ๐ Breakdown target
Resistance: ~$0.0137 โ ๐ Rebound confirmation zone
๐ Trade Scenarios:
1. Bounce Setup (Bullish Reversal):
Buy Entry: $0.0135
TP: $0.0137โ$0.0140
SL: Below $0.0134
โ Best if volume builds and price holds above $0.0135
2. Breakdown Setup (Bearish Continuation):
Short Entry: Below $0.0135
TP: $0.01295
SL: Above $0.0136
โ Trigger only if strong red candle forms with volume
Buy and trade here $PENGU
๐ Want Alerts or Live Tracking?
I can help:
Track support/resistance breakouts
Summarize intraday movement
#TrumpTariffs #MarketPullback #ETHMarketWatch #BinancelaunchpoolHuma #BTCBreaksATH110K