🐧 $PENGU / USDT Market Analysis 🐧
📊 Current Price: $0.033996 (+11.48%)
⏳ Timeframe: 15-Minute Chart
Moving Averages:
MA(7): $0.033954MA(25): $0.034311MA(99): $0.033315
Key Metrics:
📈 24H High: $0.035861
📉 24H Low: $0.030152
📊 Volume:
PENGU: 3.12BUSDT: 104.77M
Market Overview:
Trend Observation:
$PENGU / USDT has shown significant gains with an 11.48% increase in the past 24 hours.The price is consolidating after a bounce from the support level of $0.033452.
Resistance & Support Levels:
Resistance: Near $0.034521 (aligned with recent highs and MA25).Support: Key support at $0.033315 (aligned with MA99 and recent lows).
Moving Averages:
Short-term MA(7) is recovering, crossing above MA99, indicating potential bullish momentum.Mid-term MA(25) is slightly above the current price, suggesting a resistance zone.
Strategy Insight:
For traders, monitor the $0.034521 level for a potential breakout to continue the bullish trend.For investors, this may represent a good entry point if the price stabilizes above MA(99).
📢 Pro Tip: Volume is key in confirming momentum. Watch for increased activity around resistance levels to gauge strength.
