**🚀 PENGU/USDT – Best Buying Zones for LONG! 🚀**
**📈 LONG Signal (2 Bullish Confirmations):**
1️⃣ **Strong Support Near 24h Low:** Price is hovering around $0.00919, close to the 24h low of $0.008744, indicating a potential bounce zone.
2️⃣ **RSI Approaching Oversold:** RSI(14) at 43.71 suggests weakening bearish momentum, nearing oversold conditions (RSI < 30 would be ideal, but a bounce could start here).
**🎯 Ideal Buy Zone:** $0.008744 – $0.00919
**🎯 Take-Profit Targets:**
- TP1: $0.009340 (EMA 20)
- TP2: $0.009636 (EMA 50)
- TP3: $0.010406 (Higher Resistance)
**⛔ Stop-Loss:** Below $0.008744 (24h Low)
**📉 SHORT Signal (If Bearish Rejection Occurs):**
1️⃣ **Resistance at EMAs:** Price is below EMA(50) and EMA(200), showing overall bearish trend. A rejection from EMA(20) at $0.009340 could signal a short opportunity.
2️⃣ **RSI Neutral:** RSI is not overbought, so wait for clear rejection or lower high pattern.
**🎯 Ideal Sell Zone:** $0.009340 – $0.009636 (EMA 20-50)
**🎯 Take-Profit Targets:** TP1: $0.008744, TP2: $0.008500
**⛔ Stop-Loss:** Above $0.009636 (EMA 50)
**💡 Pro Tip:** Watch for a break above EMA(20) with volume to confirm LONG strength. For SHORT, wait for a clear rejection candle at resistance.
**Right now?**
- **LONG is higher probability** near $0.008744 support, but confirm with a bullish reversal candle (e.g., hammer, engulfing).
- Avoid aggressive SHORTs until EMA rejections are clear.
**🎁 (DYOR – Not Financial Advice)**
**(Like & Repost if you find this helpful!)**
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*Note: Always manage risk (1-2% per trade) and adjust targets based on real-time price action.*