🧊 $PENGU /USDT Rejection at Highs or Loading for Round 2? 🐧

$PENGU just tapped $0.017502 before pulling back to $0.014431 (+1.42%). Was that a fakeout or a shakeout before the next leg?

📊 Market Snapshot

• Current Price: $0.014431

• 24H High / Low: $0.017502 / $0.013617

• 24H Volume: 7.55B PENGU | 114.85M USDT

📈 Technical Overview

• Support: $0.01400 holding for now — a key level where buyers may reload.

• Resistance: $0.01750 remains the breakout ceiling strong rejection seen.

• Trend: Volatile on 4H with sharp wicks both directions watch for structure confirmation.

🎯 Trade Setup – Dip Buy Strategy

• Entry Zone: $0.0140 – $0.0145

• TP1: $0.0155

• TP2: $0.0165

• TP3: $0.0178

• SL: Below $0.0135

💡 Pro Tip: Watch for a double bottom or bullish engulfing candle near $0.014 that’s where momentum could reload fast.

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