a short and clear technical analysis and trade signal for PENGU/USDT:
/USDT - Quick Technical Overview
Current Price: $0.012717 (+32.87% today)
Trend: Strong Uptrend
Momentum: Bullish, pushing towards daily highs.
Volume: Very strong (over $91.67M in 24h).
Key Levels:
Support: $0.01243 and $0.01186
Resistance: $0.01343 and $0.01356
Trade Signal
Signal: BUY (Short-term) if price holds above $0.01243
Entry Zone: $0.01260 – $0.01280
Targets (🎯):
🎯 Target 1: $0.01350 (first resistance test)
🎯 Target 2: $0.01430 (next bullish move)
🎯 Target 3: $0.01550 (if momentum continues strong)
Stop Loss (SL): $0.01200 (under support)
Trade Momentum
Short-Term (15m/1h): Strong buying momentum, but slightly overbought (small pullback possible before another push).
Mid-Term (4h/1D): Healthy bullish structure, higher highs and higher lows.
Summary:
If PENGU stays above $0.01243, bullish targets remain valid.
Break below $0.01200 = signal invalid.
Would you like me to also give you a risk/reward calculation based on these targets?
It can help you set your position size more precisely!
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