Will #PENGU erase two zeros in the first week of March or will it face resistance before a major breakout❓$PENGU /USDT Gains 18% – Is a Breakout or Reversal Coming❓$PENGU is trading at $0.008254, up +18.75%, after reaching a 24-hour high of $0.008550. The price has rebounded from a low of $0.006823, indicating strong buyer interest.

Key Levels to Watch

Resistance: $0.008550 – A breakout could push PENGU towards $0.009000-$0.009500.

Support: $0.008051 – Losing this level may lead to a correction towards $0.007800-$0.007500.

Trade Setup

Long Entry: If PENGU stays above $0.008250, next targets are $0.008800-$0.009200.

Short Entry: A rejection at $0.008550 could send it back to $0.008000-$0.007700.

Market Insight

MACD: Turning positive, signaling momentum shift.

Order Book Sentiment: 48.86% Buy vs. 51.14% Sell, showing mixed interest.

PENGU’s trend is bullish, but traders should watch for volatility at key resistance levels.

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