๐ท ๐๐๐๐๐ ๐๐ฎ๐ฒ ๐๐ข๐ ๐ง๐๐ฅ ๐๐จ๐ง๐๐ข๐ซ๐ฆ๐๐ โ ๐๐๐ฑ๐ญ ๐๐ซ๐ข๐๐ ๐๐๐ซ๐ ๐๐ญ: $0.025
๐ Key Highlights:
โก๏ธ $PENGU is up 55% after breaking out from a long downtrend.
โก๏ธ The SuperTrend indicator flipped to โBuyโ, confirming bullish momentum.
โก๏ธ The next key resistance is $0.018 โ if broken, the target is $0.025.
๐ Why $0.025 Matters:
โก๏ธ The $0.018 level is a strong resistance from March.
โก๏ธ A break above this would push towards the Fibonacci 0.236 level at $0.025.
โก๏ธ Analysts call this level a โprice magnetโ if momentum holds.
๐ต๏ธ Technical Breakdown:
โก๏ธ Fibonacci retracement from $0.00375 low to $0.04896 high gives important levels.
โก๏ธ $PENGU has already reclaimed the 0.5 Fib level at $0.01316.
โก๏ธ The next challenge is the 0.382 Fib at $0.01778 โ very close to current price.
โก๏ธ Strong support now sits at the 0.618 Fib level ($0.00977).
๐ Community & Market Sentiment:
โก๏ธ Ali (@ali_charts) tweeted: โIf it breaks $0.018, $0.025 becomes a magnet.โ
โก๏ธ His post reached 26.4K views, 324 likes, and 47 reposts.
โก๏ธ Other traders like @VinciNFT and @ppmcst echoed bullish targets.
๐ฎ Outlook: Can $PENGU Hit $0.025?
โก๏ธ Rising volume and bullish indicators suggest a possible breakout.
โก๏ธ Watch for a decisive close above $0.018 to confirm the next leg up.
โก๏ธ If achieved, $0.025 becomes the next logical target for traders.