Critical Levels in Focus: PENGU at 0.02450 Support
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PENGUUSDT is currently trading near a significant support level at 0.02450, which has historically acted as a key zone for price rebounds. This presents a potential buying opportunity for traders watching this level closely.
For those seeking confirmation, waiting for a break and retest of 0.02670 could provide stronger validation for an upward continuation. This would offer added security to the trade setup.
The stop-loss for this trade is placed at 0.02239, as a price closure below this level would invalidate the bullish scenario and indicate potential downside movement.
The target is positioned at 0.03587, the nearest strong resistance, providing an attractive risk-reward ratio for this trade idea.
👨🏻💻💭What’s your take on PENGU? Share your perspective in the comments below! __________________________________________________________________ The information and publications within the 3Commas TradingView account are not meant to be and do not constitute financial, investment, trading, or other types of advice or recommendations supplied or endorsed by 3Commas and any of the parties acting on behalf of 3Commas, including its employees, contractors, ambassadors, etc.
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.