Mila Rose
--
Bearish
$PENGU
/USDT Correction Pressure continue 💯 Ready for next move 💯 💫
Overview:
Current Price: 0.037008 USDT (-0.17%)
24h Range: 0.034036 - 0.037674 USDT
Volume: 2.80B PENGU (100.61M USDT)
Trend: Consolidation after recent rally in the NFT space.
Key Levels:
Support: 0.0350 (Immediate), 0.0340 (Strong).
Resistance: 0.0375 (Immediate), 0.0400 (Psychological Level).
Trade Strategy:
1. Entry:
Long above 0.0370 if momentum holds, or breakout above 0.0375 with volume confirmation.
2. Targets 🎯:
🎯 Target 1: 0.0375 (Immediate Resistance).
🎯 Target 2: 0.0400 (Psychological Level).
🎯 Target 3: 0.0420 (Bullish Extension).
3. Stop-Loss:
Below 0.0350 to manage risk.
Momentum Check:
RSI: ~58, showing stable bullish momentum with room for upside.
MACD: Neutral to slightly bullish, indicating potential for continuation.
Volume: Solid, supporting the current range-bound movement.
Tip:
A breakout above 0.0375 could signal a continuation toward 0.0400. Watch for strong volume during breakouts to confirm the move. Keep an eye on 0.0350 support for a potential re-entry opportunity.
#BIOOnBinance #BIOOpenonBinance #BinanceAlphaAlert #USJoblessClaimsDrop #Binance250Million
/USDT Correction Pressure continue 💯 Ready for next move 💯 💫
Overview:
Current Price: 0.037008 USDT (-0.17%)
24h Range: 0.034036 - 0.037674 USDT
Volume: 2.80B PENGU (100.61M USDT)
Trend: Consolidation after recent rally in the NFT space.
Key Levels:
Support: 0.0350 (Immediate), 0.0340 (Strong).
Resistance: 0.0375 (Immediate), 0.0400 (Psychological Level).
Trade Strategy:
1. Entry:
Long above 0.0370 if momentum holds, or breakout above 0.0375 with volume confirmation.
2. Targets 🎯:
🎯 Target 1: 0.0375 (Immediate Resistance).
🎯 Target 2: 0.0400 (Psychological Level).
🎯 Target 3: 0.0420 (Bullish Extension).
3. Stop-Loss:
Below 0.0350 to manage risk.
Momentum Check:
RSI: ~58, showing stable bullish momentum with room for upside.
MACD: Neutral to slightly bullish, indicating potential for continuation.
Volume: Solid, supporting the current range-bound movement.
Tip:
A breakout above 0.0375 could signal a continuation toward 0.0400. Watch for strong volume during breakouts to confirm the move. Keep an eye on 0.0350 support for a potential re-entry opportunity.
#BIOOnBinance #BIOOpenonBinance #BinanceAlphaAlert #USJoblessClaimsDrop #Binance250Million
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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