$PENGU – Long or Short?
Short-term Bias: Bullish
Massive breakout above $0.0096 with strong momentum
Needs to hold above $0.0120 to maintain rally
Minor pullback expected but trend remains strong above $0.0110
Losing $0.0110 could trigger a deeper correction toward $0.0096
Safer setup: Long on pullbacks near $0.0120 or breakout above $0.0134
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Support & Resistance Levels
Support: $0.01200 – $0.01100 (consolidation zone)
Resistance: $0.01340 – $0.01388 (current rally top)
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$PENGU/USDT 4H Chart – Quick Technical Breakdown
Price: $0.013214 (+39.21%)
Recent High: $0.013399
24h Low: $0.009247
MACD: Strongly bullish — MACD line widening above signal
Volume: Exploding — buyers aggressively in control
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