$PENGU /USDT HOLDING SUPPORT AFTER SPIKE – READY FOR NEXT LEG UP?
$PENGU has gained over 6% in the last 24 hours and recently tested the $0.01093 resistance. While some selling pressure emerged near the top, the 15-minute chart now shows price stabilizing around the $0.01070 area — a previous breakout level now acting as support.
Trade Setup (LONG):
Entry: $0.01070 – $0.01080
Targets:
• TP1: $0.01095
• TP2: $0.01120
Stop Loss: $0.01055
Why Long?
After a clean breakout and rally, is now forming a potential bullish base. If the $0.01070 support holds and volume increases again, the bulls may push for a new high. The setup favors continuation if price reclaims momentum above $0.01080.
Risk Management Tip:
Use a tight SL just under support. If price breaks and closes below $0.01055, consider it invalidated.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!