$PENGU

$PENGU The current price of PENGU/USDT is around $0.03973, with a long trade signal indicating potential growth. Here's a breakdown of the trade setup¹ ²:

- *Entry Zone*: $0.03960 - $0.03980

- *Trade Targets*:

- TP1: $0.04030

- TP2: $0.04100

- TP3 (Final Target): $0.04150

- *Stop Loss*: Below $0.03780

- *Support Level*: $0.03802

- *Resistance Level*: $0.04187

Technical indicators suggest that PENGU has been following a descending trendline, which is a short-term bearish signal. However, the recent price action shows potential for a bullish reversal if the momentum continues. Key levels to watch include:

- *Resistance Zone*: $0.0469 USDT (strong seller control)

- *Support Zone*: $0.0296 USDT (crucial buffer)

Some analysts predict a potential breakout above $0.04100, with further targets at $0.04150. Others note that PENGU is forming a bearish flag pattern, which could indicate a continuation of the downtrend. It's essential to monitor volume confirmation and adjust your position accordingly to maximize profit.³