$PENGU /USDT (Pengu) on a Binance-style chart (1h timeframe), and your note suggests a bullish but risky outlook, contingent on holding above a "purple area" (likely a support zone).
Let me help you break this down and clean it up:
🐧 PENGU/USDT Technical Snapshot (1H)
MetricValueCurrent Price0.018000 USDTRecent High0.017017 USDTSupport Zone~0.016000–0.015000 USDT (the “purple area”)Key Balance Point~0.014736 USDTLower Supports0.014000, 0.013000, 0.012000, 0.011000
📊 Interpretation
Above 0.016000: You're likely seeing this as a bullish continuation zone.
Below 0.015000: Risk increases significantly. Breakdown might occur.
Current price 0.018000 is well above support, suggesting momentum is intact — watch for retest or consolidation near 0.016–0.017 before further upside.
Your Comment:
“#Pengu looks good (risky thougt but according to technical looks good) untill we are above purple area”
This is a solid take — speculative altcoins often show sharp volatility, so tight stop-loss management is wise.
✅ Suggested Strategy
Plan TypeEntry RangeStop LossTarget ZonesLong0.0165–0.0170< 0.01500.0185 / 0.0200 / 0.0220InvalidationPrice closes below 0.0150 on 1H/4H chart
Would you like a visual chart mockup or a trade tracker sheet for this and similar plays (e.g., DOGE, PEPE, etc.)?
#TradeLessons #BinanceAirdropNXPC #TradeWarEases #Write2Earn! #pengu