$PENGU /USDT
๐ง PENGU/USDT Snapshot
Current Price: $0.009462
24h Change: โ7.48% ๐ป
24h High: $0.010590
24h Low: $0.009382
Volume:
PENGU: 2.09B
USDT: $21.11M
๐ Key Levels
TypePriceNotesResistance 1$0.009938Closest ceiling from current levelResistance 2$0.010138Lower high zoneResistance 3$0.010590Daily top; breakout pivotCurrent$0.009462In bearish continuation zoneSupport 1$0.009382Current daily lowSupport 2$0.009000Next psychological level, key round zone
๐ Technical Outlook
๐ Short-Term Trend: Bearish
Price has broken below mid-support and is approaching daily lows
Trading volume remains high, hinting at strong selling or distribution
Weak structure: successive lower highs and lower lows forming
๐งฎ Momentum/Volume Analysis
Implied RSI likely under 40 โ oversold zone nearing
High trading volume suggests whale exits or stop-loss cascades
๐ Trade Ideas
๐ป Breakdown Setup
Trigger: Break under $0.00938
Targets: $0.0090 โ $0.0085
Stop-loss: Above $0.00974
๐ Bounce Play (Risky)
Trigger: Hold above $0.00938 + reclaim $0.00974
Targets: $0.00994 โ $0.01014
Invalidation: Failure to reclaim $0.0097
โ ๏ธ Strategy Notes
โIn downtrends, failed bounces become strong short entries.โ
Avoid long entries until trend reversal confirms above $0.0101
NFT/meme tokens are especially volatile โ scalp setups preferred
Tight risk control is crucial given high intraday volatility
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