🚀 $PENGU / USDT – LONG TRADE SIGNAL (1H Timeframe)

🔥 Market Overview:

$PENGU is showing signs of a bullish reversal after retesting its ascending trendline support near $0.0305. Buyers stepped in with a solid defense, forming a potential higher low structure — an early indication of trend continuation.

The asset is consolidating near the trendline while maintaining a series of higher lows, suggesting sustained buying pressure. A breakout above $0.0315–$0.0320 could confirm upward momentum toward the next resistance levels.

🔑 Key Levels:

Support Zone: $0.0305 – $0.0300

Resistance Zone: $0.0318 – $0.0325

📌 Trade Setup (Bullish Continuation):

💰 Entry Zone: $0.0307 – $0.0310

🎯 TP1: $0.0320

🎯 TP2: $0.0330

🛑 Stop Loss: $0.0299

💡 Market Outlook:

$P$PENGU mains structurally bullish above its trendline, with volume gradually building near key support. The Aroon Up indicator (78%) suggests that upward momentum could strengthen if the price closes above $0.0320.

This setup offers a favorable R:R ratio of 2.5+, making it a solid opportunity for traders looking to ride the next bullish leg.

As long as the price respects the trendline, the market bias stays bullish. A clean hourly candle above $0.0325 could accelerate a move toward $0.0335+.

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