#PENGU is moving inside a bullish rectangle pattern on the 12H timeframe.
The midpoint of the rectangle, along with the 12H EMA200, is currently acting as strong support. A breakout above the rectangle resistance could ignite a bullish rally.
Short-term targets:
🎯 $0.017118
🎯 $0.019127
🎯 $0.021681
Mid-term targets:
🎯 $0.023014
🎯 $0.024929
🎯 $0.028516
⚠️ Use a tight stop-loss.
The midpoint of the rectangle, along with the 12H EMA200, is currently acting as strong support. A breakout above the rectangle resistance could ignite a bullish rally.
Short-term targets:
🎯 $0.017118
🎯 $0.019127
🎯 $0.021681
Mid-term targets:
🎯 $0.023014
🎯 $0.024929
🎯 $0.028516
⚠️ Use a tight stop-loss.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.