$PENGU is still trading within a rising channel and just tapped the lower support line — a classic bounce zone!
As long as it holds above the $0.0128–$0.0132 range, we could see a move back up toward the $0.018 level.
This setup offers a strong risk-to-reward ratio!
Entry: $0.0130
Stop-loss: $0.0119
Target: $0.018
Trade smartly