$PENGU

PENGU

0.007287

+3.24%

USDT Technical Analysis

Price is 0.012265

Strong bounce from 0.011882 showing bullish momentum

Market Structure

Higher high and higher low formed

Impulse move followed by small pullback this is healthy consolidation

Resistance Levels

Immediate resistance 0.01232

Next resistance 0.01250 to 0.01280

Support Levels

Immediate support 0.01215

Strong support 0.01190 to 0.01188

Bias

Bullish while price holds above 0.01215

Break and close above 0.01232 can continue upside

If rejected expect pullback to support zone

Scalp Idea

Buy near 0.01215 to 0.01220

Targets 0.01232 then 0.01250

Stop loss below 0.01188