Here's the technical snapshot for $PENGU /USDT
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📉 Current Price: $0.010968
📌 Mark Price: $0.010968
🔻 24h Change: -5.51% (Bearish short-term trend)
🕒 Session Timeframe: 13:00 – 20:00
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📊 24h Trading Overview:
🔼 24h High: $0.012260
🔽 24h Low: $0.010906
🪙 Volume (PENGU): 7.87B
💵 Volume (USDT): $91.46M
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📈 Technical Indicators:
Current Volume: 137.37M
MA(5): 166.16M
MA(10): 257.71M
Session Volume: 1.05B
➡️ Volume is below short-term averages, suggesting slowing momentum as price consolidates near the day’s low.
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🔍 Key Price Levels:
🔺 Resistance Zone:
$0.011894 → $0.012606
⚙️ Current Cluster Zone:
$0.010906 → $0.010968 → $0.011181
🔻 Support Zone:
$0.010825 → $0.010906
(This is a fragile zone — if broken, a sharp move down could follow)
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📌 Market Outlook:
Price is near intraday support after retracing over 5%, showing weak buyer strength below $0.0112.
If price cannot reclaim $0.0115+, sellers likely remain in control short-term.
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✅ Potential Bounce Setup:
Entry Range: $0.01090–0.01100
TP1: $0.01153
TP2: $0.01189
SL: $0.01080
Risk/Reward: Moderate; play only with confirmation via volume spike or reclaim of $0.0112.
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❌ Bearish Breakdown Setup:
Trigger: Breakdown below $0.01082
TP1: $0.01040
TP2: $0.00990
SL: $0.01110
Bias: Bearish unless $0.0112–$0.0115 is reclaimed with conviction.
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🧠 Summary Table:
Metric Signal
📊 Price Action Weak & Pulling Back
📉 Volume Trend Decreasing
🟨 Current Zone Near Support
⚠️ Short-term Bias Slightly Bearish
Would you like to overlay RSI, MACD divergence, or a Scalping EMA strategy for confirmation?
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