Brief Technical Analysis and Trade Signal for Price $PENGU 💯🔥
Alert from a Rising Wave 🎯🚀
/USDT as of June 7, 2025:
📊 Technical Analysis (Short-Term)
Trend: Bullish Momentum 📈
Support Area: $0.00970 - $0.00928
Resistance Area: $0.01037 - $0.01042
Indicators:
Relative Strength Index: Neutral to Slightly Overbought (Watch for any pullbacks)
Trading Volume: High - Indicates Strong Interest
MACD Indicator: Confirmation of Bullish Crossover
📉 Trade Signal:
Buy on Dips / Confirmation of Breakout
Entry Point (Buy Higher): $0.01030
Stop Loss: $0.00968 (Below Key Support Level)
🎯 Target Levels
Target 1: $0.01065
Target 2: $0.01098
Target 3: $0.01145
🔥 Momentum:
The stock is currently experiencing strong bullish momentum and good trading volume.
Watch for consolidation around $0.01030 - $0.01040 before the breakout.
If the price breaks the level of $0.01042 and maintains above this level, the momentum may accelerate.