$PENGU has shown strong growth momentum after maintaining the support zone of 0.009641. A decisive breakout above 0.0108 pushed the price up to 0.011666. Although there has been a slight correction, the bullish structure remains solid, indicating a strong trend. 📈
Current price action shows a pattern of higher lows, tight green candles, and a continuous breakout. This often suggests a continuation towards the next resistance levels. The momentum is very strong, the breakout is holding, and there seems to be room for further expansion. ✨
Here is the detailed trading setup: 👇
Entry:
0.01160 - 0.01130
TP 1: 0.01185
TP 2: 0.01220
TP 3: 0.01270
SL: 0.01095
This setup is supported by significant buying pressure from lower levels. The SL is strategically placed below the breakout block, protecting against trend reversal. Keeping the price above this area could lead to the progression of the next target. 🛡️
Follow $PENGU to seek potential opportunities! 🚀
