š PENGU/USDT 4H Technical Analysis
Current Price: $0.033741
24H Range: $0.031170 ā $0.035185
Volume: 3.11B PENGU / 103.51M USDT
Price Change (24H): -1.98%
š Indicators Overview:
MA(7): $0.033638 (yellow) ā Slight support zone.
MA(25): $0.035014 (pink) ā Acting as short-term resistance.
MA(99): $0.037099 (purple) ā Distant resistance; trend still below long-term average.
š Trend Insight:
The price recently got rejected from the $0.035 zone, creating a local top at $0.035185. A short-term pullback has brought it close to the 7-day moving average. If the price fails to hold above $0.0336, a deeper correction toward $0.032ā$0.0312 support is possible.
š¢ Bullish Signal if:
Price holds above $0.0336 (MA7)
Breakout above $0.035 resistance zone with strong volume
š“ Bearish Risk if:
Candle closes below $0.033
Volume drops or rejection from MA25 zone again
ā Trade Signal (Short-Term Swing):
Buy Zone: $0.0330 ā $0.0336
Target 1: $0.0350
Target 2: $0.0369
Stop Loss: $0.0310
š Note: Manage risk. Wait for confirmation on next 4H candle close. Keep an eye on volume spikes for breakout confirmation.
