Price: 0.029549 | EMA7: 0.03 | EMA25: 0.02 | RSI14: 54.85 | Resistance: 0.07 | Support: 0.003375 | Average Volume: 24439144923.7 | Volume Trend: Decreasing
PENGUUSDT shows bearish short-term momentum.
* **Short entry:** Consider shorting around the EMA7 (0.0316) with a stop loss slightly above the recent high.
* **Long entry:** Wait for a clear break above resistance (0.07) with volume confirmation before considering a long position.
* **Spot buy:** Not recommended at this time due to descending price and decreasing volume.
**Note:** This is a general analysis and may not capture all market nuances. Always conduct thorough research and consider your risk appetite before making trading decisions.