$PENGU /USDT: Market Pullback with Recovery Potential

Price Action Overview: $PENGU /USDT is trading at $0.034882 (-9.44%), following a 24-hour high of $0.039005 and a low of $0.034529. While the market is experiencing a pullback, this could offer an attractive entry point for recovery.

Next Targets:

1. $0.036500 – Immediate resistance and short-term target.

2. $0.038500 – Mid-term breakout level for a sustained recovery.

3. $0.040000 – Long-term target if bullish momentum returns.

Trade Strategy:

Watch for a break above $0.035500 for a potential upward move.

Place a stop-loss at $0.033800 to manage risk.

Look for re-entry opportunities near $0.034500 if prices consolidate.

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