$PENGU Bullish Momentum Near 24H Highs! š
$PENGU is trading at 0.040990 (+5.17%), showing strong upward momentum after reclaiming the 0.04050 support zone. Price is now consolidating just below its 24H high of 0.041487, suggesting a potential breakout continuation if buying pressure sustains.
Support and Resistance
⢠Resistance: 0.04150 ā 0.04200 ā 0.04250
⢠Support: 0.04050 ā 0.04000 ā 0.03950
Trade Setup
⢠Entry Zone: 0.04080 ā 0.04100
⢠Stop Loss: 0.04000
šÆ TP1: 0.04150
šÆ TP2: 0.04200
šÆ TP3: 0.04250
Market Insights
$PENGU is forming a bullish consolidation pattern after a strong rally, indicating that buyers are still in control. A breakout above 0.04150 could trigger fresh highs, while any retest of 0.04050 may offer a low-risk re-entry for bullish traders.