### **PENGU/USDT Trading Signal**

#### **✅ Valid Spot Signal: Strong Bullish Confirmation**

1. **Price Above Key EMAs**: Trading above EMA(20), EMA(50), and EMA(200), indicating a strong uptrend.

2. **RSI Bullish Momentum**: RSI(30) and RSI(20) both above 67, showing strong buying pressure without being overbought.

3. **High Volume Support**: Significant trading volume (836M) confirms bullish interest.

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#### **📊 Key Analysis**

- **Support & Resistance**:

- **Support**: 0.0254 (EMA 20) / 0.0213 (EMA 50)

- **Resistance**: 0.0326 (Recent High) / 0.0384 (Next Target)

- **Trend**: Strong **uptrend** (Higher highs & higher lows).

- **Volume**: High volume aligns with price rise, confirming bullish strength.

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#### **🎯 Entry Zones**

- **First Entry**: **0.0283 - 0.0275** (Current price pullback)

- **Second Entry**: **0.0254 - 0.0240** (Strong EMA 20 & 50 support)

#### **💰 Take Profit & Stop Loss**

- **TP1**: 0.0326 (+15%)

- **TP2**: 0.0384 (+35%)

- **SL**: **0.0239** (Below EMA 50 support)

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### **📌 Final Verdict**

**Strong Buy Signal** – Bullish trend, high volume, and key EMA supports suggest a strong upward continuation.

**🔴 Risk Warning**: Always manage risk (1-2% per trade). SL must be respected.

#TradingSignals #SpotTrading.

$PENGU $ETH