๐จ $PENGU /USDT: Critical Analysis & Trading Strategy
PENGU/USDT is currently trading at $0.016146, up 2.13%, with strong 24h volume (4.71B PENGU). Key resistance sits at $0.016366 and $0.016837, while support levels are $0.015896 and $0.015062. The RSI(6) at 50 suggests neutral momentum, but volatility is high.
Action:
- Hold if bullish, targeting $0.016837.
- Sell if price breaks below $0.015896 (stop-loss zone).
- Stop-loss: Tighten below $0.015425 to limit downside risk.
The 5MA and 10MA show mixed signalsโcaution advised. Watch for breakout confirmation. Trade wisely!