$PENGU
/USDT based on the data you provided:
š Current Price & Trend
Price: 0.029695 USDT
24h Change: +4.32% (bullish momentum)
24h Range: 0.027634 ā 0.029945
PENGU is currently trading near the upper end of its daily range, suggesting buyers are active.
š Moving Averages
MA(7): 0.029437 ā short-term support
MA(25): 0.029042 ā medium-term support
MA(99): 0.029295 ā long-term baseline
š Price is above all key MAs, signaling short-term bullish bias.
š Key Levels
Immediate Resistance: 0.030061 (psychological & chart resistance)
Next Resistance: 0.0310 ā 0.0315 (potential breakout zone)
Immediate Support: 0.029295 (MA99 & pivot)
Strong Support: 0.028535 ā if broken, 0.0280 & 0.027634 (daily low)
š Volume & Momentum
Vol (last candle): 38.6M
MA(5 vol): 74.1M
MA(10 vol): 118.1M
š Current volume is lower than recent averages, suggesting the move lacks strong conviction. A breakout above 0.0300 would need higher volume confirmation.
āļø Summary
Bias: Bullish above 0.0290, momentum intact.
Bullish Scenario: Break and close above 0.0300 could trigger a run toward 0.031ā0.032.
Bearish Scenario: Losing 0.0290 may drag price back to 0.0280ā0.0276.
Would you like me to draw a short-term trade setup (entry, stop-loss, and targets) for PENGU/USDT based on this structure?