Technical analysis for the symbol #pengu
($PENGU )
Main support area
- The level 0.0275$ represents strong support for the price.
- A daily close below this level indicates weakness in the bullish momentum and the possibility of a further decline to lower levels. $PENGU
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Resistance levels and price targets
1. First target: 0.033$
2. Second target: 0.039$
3. Third target: 0.046$
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Risk management
- Stop loss: A daily close below 0.0275$ will mean reevaluating the direction and looking for new support areas.$PENGU #MarketPullback #BNBBreaksATH #BNBBreaksATH #FedRateCut25bps