Hereโs a technical snapshot and short-term analysis for $PENGU
/TRY:
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๐ง PENGU/TRY โ โบ0.3142 (โ7.53%)
Category: NFT / Meme
Market Sentiment: Bearish short-term
Volatility: High
Trend Outlook: Weak momentum; testing key support zone
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๐ 24-Hour Trading Summary
Metric Value
Current Price โบ0.3142 ($0.00793)
24h High โบ0.3506
24h Low โบ0.3110
24h Vol (PENGU) 271.31M
24h Vol (TRY) โบ89.09M
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๐ Order Book Levels (Depth)
Resistance Levels Support Levels
โบ0.3285 โ โบ0.3412 โบ0.3110 โ โบ0.3095
Current Price: โบ0.3142
๐ป Currently sitting just above the local support (โบ0.3110) โ a breakdown here could invite further downside.
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๐ Technical Indicators
Indicator Value Status
MA(5) โบ1,630,527 โ ๏ธ (Likely typo, should be price MA)
MA(10) โบ2,984,102 โ ๏ธ
Volume โ (~916,620) ๐ป Lower than average โ Weak buyer interest
Trend Bearish short-term Price approaching oversold support
๐ Note: MA values reported here seem to reflect volume MAs, not price MAs. If you want price moving averages (e.g., 5-period, 10-period), let me know and I can estimate those based on recent highs/lows.
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๐ Price Action Summary
Price is down ~7.5% from recent highs.
Sitting on critical local support (โบ0.3110).
If this zone breaks, next likely support is around โบ0.29โโบ0.30.
Rebound potential exists if it holds and volume picks up.
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๐งญ Trade Scenarios (Short-Term)
Strategy Entry Stop Loss Take Profit Target
Reversal Long โบ0.3110 โ โบ0.3140 Below โบ0.3090 โบ0.3285 โ โบ0.3400
Breakdown Short Below โบ0.3090 Above โบ0.3140 โบ0.2900 โ โบ0.2950
Scalp Buy โบ0.3150 Tight SL at โบ0.3115 TP ~โบ0.3220 โ quick exit
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๐ง Outlook
Bearish pressure remains unless price closes above โบ0.3285.
Volume is weakening, so a bounce would require stronger buying.
Watch for RSI and MACD shifts on 1H chart โ likely nearing oversold.
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