Analysis $PENGU /USDT 📉

🔹 General Trend: The pair is in a downtrend on the short time frame, having lost over 50% in the last month. The current price is 0.006456 USDT and is approaching strong support.

🔹 Entry Area: 0.006400 - 0.006300 can be considered as a potential entry area if reversal signals appear.

🎯 Targets:

🎯 First Target: 0.006700 USDT

🎯 Second Target: 0.007000 USDT (in case of a strong rebound)

📛 Loss: Close below 0.006200 to avoid further decline.

💡 Trading Advice:

📊 Do not rush in, wait for confirmation of the rebound before buying.

Use capital management wisely, as the volatility in small currencies is high.

In case of an upward move, make sure to take profits at the specified targets to avoid unexpected fluctuations.

Be cautious and monitor the market closely! 🔥

#MarketRebound #USCryptoReserve #CZ'sTokenModelIdea