Here's a technical overview and trading insight for $PENGU /TRY
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🐧 PENGU/TRY Market Snapshot
Metric Value
Current Price ₺0.5713 (▲ +10.65%)
USD Equivalent ~$0.01432
24h High ₺0.5825
24h Low ₺0.5137
24h Vol (PENGU) 745.27M
24h Vol (TRY) ₺409.62M
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📊 Key Technical Levels
Level Price (TRY) Description
Resistance 2 ₺0.5894 Next breakout level
Resistance 1 ₺0.5825 Daily high – major barrier
Current Price ₺0.5713 Price approaching resistance zone
Support 1 ₺0.5593 Short-term support
Support 2 ₺0.5293 Retest level from earlier gains
Support 3 ₺0.4994 Daily mid-range, psychological level
Deeper Support ₺0.4694 - ₺0.4462 Strong historical support zone
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📈 Volume & Momentum Indicators
Indicator Value Interpretation
Volume (PENGU) 6.45M Strong buying interest
MA(5) 6.08M Price slightly above – short-term bullish
MA(10) 15.60M Strong upward movement against trend
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🚀 Market Sentiment
Very bullish with sharp price increase and high volume.
Buyers are actively defending the ₺0.55–₺0.56 range.
Momentum building toward a breakout of ₺0.5825.
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🎯 Trade Setup Suggestions
Strategy Entry Range Target Stop-Loss
Breakout Trade ₺0.5830+ (confirmed breakout) ₺0.6050 – ₺0.6200 ₺0.5650
Dip Buy ₺0.5500 – ₺0.5590 ₺0.5700 – ₺0.5800 ₺0.5390
Scalp Range ₺0.5590 – ₺0.5820 Tight 2–3% moves ₺0.5490
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⚠️ Risks & Notes
Volatility is high; sharp pullbacks can occur after parabolic moves.
Keep an eye on volume drops – divergence could signal exhaustion.
If ₺0.5293 breaks, sentiment may shift toward profit-taking.
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✅ Conclusion
PENGU/TRY is showing strong bullish momentum, driven by high volume and price action nearing resistance. A clean break above ₺0.5825 could lead to new local highs, while dips toward ₺0.55 may offer good entries if buying pressure sustains.
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