$PENGU /USDT – Volatility Spike with Recovery Potential! 🚀
Current Price: $0.031916
$PENGU saw a sharp breakout wick to $0.03375 before quickly retracing, indicating strong seller presence at highs. However, price is now stabilizing and forming a potential higher low on the 30-min chart, hinting at a bounce setup.
Support Level: $0.0310
Resistance Level: $0.0337
Trade Setup:
• Entry Zone: $0.0315 – $0.0322
• 🎯 TP1: $0.0332
• 🎯 TP2: $0.0339
• 🎯 TP3: $0.0355
• Stop Loss: $0.0304
Pro Tip: For a safer entry, wait for a strong green candle close above $0.0322 with volume confirmation – this could signal the bulls regaining control.
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