🚨 PENGU UPDATE: PENGU Faces Resistance
Bias: BEARISH 🐻
Current: 0.0069 | Change: +2.62%
Analysis: SMA7 and SMA25 crossover with bearish last candle
Key Levels: Entry near 0.0069, stop beyond 0.0074, target toward 0.0058
Action: Short with a stop loss above the recent high, looking to take profit near the support level
🛡️ Be cautious of a potential trend reversal if the price breaks above 0.0074
#MarketAnalysis #CryptoInsights #TechnicalAnalysis #CZ
Bias: BEARISH 🐻
Current: 0.0069 | Change: +2.62%
Analysis: SMA7 and SMA25 crossover with bearish last candle
Key Levels: Entry near 0.0069, stop beyond 0.0074, target toward 0.0058
Action: Short with a stop loss above the recent high, looking to take profit near the support level
🛡️ Be cautious of a potential trend reversal if the price breaks above 0.0074
#MarketAnalysis #CryptoInsights #TechnicalAnalysis #CZ