After a heavy pullback, $PENGU is showing strong signs of accumulation near the 0.0300 zone — a key demand area where buyers have started to defend aggressively. The latest candle pattern hints at a possible bullish reversal, with price consolidating tightly before an upward breakout. Momentum is shifting in favor of the bulls as volume gradually builds up.
Trade Setup (LONG):
Entry: 0.0301 – 0.0300
Target 1: 0.0306
Target 2: 0.0308
Target 3: 0.0311
Stop Loss: 0.0299
Market Outlook:
If $PENGU sustains above 0.0300, a short-term breakout towards 0.031+ levels is likely. The structure remains bullish as long as the support zone holds. Watch for a decisive push once the market confirms strength above 0.0306 resistance.