$PENGU Here’s a **technical analysis** of the **PENGU/USDT** chart based on your 15-minute timeframe screenshot:
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### 📊 **Current Price & Trend**
* **Current Price:** 0.037077 USDT
* **24h High:** 0.037960
* **24h Low:** 0.030125
* **Price Change (24h):** +19.85% 🚀
* The price is currently consolidating after a **strong bullish rally**, sitting just above the **0.236 Fibonacci retracement** level.
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### 📈 **Fibonacci Levels (Key Support/Resistance)**
These are crucial for determining entry, support, and resistance zones:
* **Resistance (Recent High):** 0.037960
* **Current Support (0.236 Fib):** 0.036804 – Holding well so far
* **Deeper Supports:**
* **0.5 Fib:** 0.035513
* **0.618 Fib:** 0.034937
* **1 Fib (Major Support):** 0.033070
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### 🔍 **Technical Observations**
* The **price is above all EMAs** (Exponential Moving Averages), showing **strong bullish momentum**.
* **Small consolidation candles** forming just below the resistance indicate **buyers are holding control** for now.
* A retest of **0.0368** (0.236 level) and hold could confirm **further upside**.
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### 🛒 **Buying Zone & Target**
**Entry / Buy Zone:**
* Ideal **buy entry** between: **0.0368 – 0.0355**
* Safer buy: near **0.0355 (0.5 Fib)** if the market pulls back
**Short-Term Targets (if trend continues):**
* **TP1:** 0.0380 (break of resistance)
* **TP2:** 0.0390
* **TP3:** 0.0400+
**Stop Loss (SL):**
* Below 0.0349 or 0.0339 depending on your risk tolerance
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### 🧱 **Main Support Levels**
* **Immediate:** 0.0368 (holding strong)
* **Stronger:** 0.0355 and 0.0349 (0.5 and 0.618 Fib)
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### ✅ **Summary**
* Trend: **Bullish**
* Momentum: Strong but consolidating
* Strategy: Wait for a dip to **0.0368–0.0355** to enter long. Targets above 0.0380 if resistance breaks.
* Be cautious of sudden reversals due to **high volatility** after a +19% move.
Let me know if you want this analysis for a longer timeframe (1h, 4h) or want me to track breakout or retest levels.
