🎯 Trade Setup (PENGU/USDT)
✅Entry Zone
$0.035–$0.036
⛔️Stop-Loss $0.033
🎯Target Levels $0.044 → $0.05
📊 PENGU Technical & On‑Chain Snapshot
* Strong Accumulation: Whales have accumulated ~200M PENGU since early July, offering sustained demand near current levels.
* July Surge: Up ~151% this month, supported by viral marketing, community buzz, and coordinated buying.
* Whale Exit Activity: Some large holders sold ~73.6M tokens at $0.042 with profit, though net accumulation continues across cohorts
🔑 Key Price Levels & Chart Structure
* Support Zone: ~$0.035 area (10-day SMA), consistently acting as a buying springboard during minor pullbacks
* Current Range: Consolidating around $0.036–$0.038 in a triangular or box pattern, just below resistance near $0.044–$0.046
* Critical Resistance: $0.044–$0.046 breakout zone, where volume spikes could fuel the next leg up
* ✅ Use volume-confirmed breakout entries above $0.046 for aggressive trades.
* ⚠️ If price slips below $0.035, risk is elevated—look for retrace toward $0.031 or lower.
🧠 MY TAKE ON IT❇️
PENGU is showing classic meme-token breakout structure backed by whale accumulation and increasing liquidity. With on‑chain demand and chart compression setting up near resistance, a high-probability breakout above $0.044–$0.046 could spark a move toward $0.06 and beyond. Pullbacks to $0.035–$0.036 remain ideal zones for disciplined entries, while dips below $0.033 may invalidate the bullish setup.⛔️
🚨ALWAYS DYOR !
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