0.015704
+5.03%
$PENGU /USDT is currently trading at $0.014674, with a slight recovery of 4.78%. The price recently hit a low of $0.013886, showing signs of buyer interest near key support.
Key Levels to Watch:
Resistance: $0.015000 – A breakout above this level could push prices toward $0.015500 and $0.016000.
Support: $0.014530 – Holding this level is critical to prevent further downside.
Trade Setup:
Bullish Entry: Above $0.014800 with targets at $0.015200, $0.015500, and $0.016000.
Bearish Entry: Below $0.014500 with targets at $0.014200, $0.013900, and $0.013700.
Stop Loss: $0.014300 to minimize risk.
Technical Insights:
RSI: 27.46 – Oversold conditions, suggesting a potential bounce.
MACD: Bearish, indicating slowing momentum.
SAR: Downward trend but nearing a possible reversal.
Market Outlook: PENGU is at a critical juncture, with oversold signals hinting at a short-term recovery. A breakout above resistance could attract bullish momentum, while a failure to hold support might lead to further losses.
Trade cautiously and stay updated!
