$PENGU /USDT Market Analysis – Bearish Slide Intensifies
Current Price: $0.030130
24H High: $0.033099
24H Low: $0.029600
Market Overview:
$PENGU /USDT has declined by 8%, hitting a new 24-hour low at $0.029600. The token continues its downward trajectory, with weak momentum and selling pressure dominating. A key test of the $0.029600 support level could determine the next move.
Key Levels to Watch:
Resistance: $0.031300 → $0.033099
Support: $0.029600 → $0.029042
Trading Strategy:
For Bulls: Watch for signs of reversal near $0.029600. A breakout above $0.031300 could signal a recovery, with $0.033099 as the next target.
For Bears: A break below $0.029600 could accelerate losses, providing short opportunities with a target of $0.029042 or lower.
Stay cautious in this volatile environment, and monitor volume for potential trend shifts.
#PENGU #CryptoSignals #BinanceUpdates #NFTMarket #Write2Earn!