$PENGU
PENGU/USDT Trend Summary:
Short-term (3m, 30m):
Mild Bearish to Neutral: Lower highs and fading momentum.
Turning Bullish:
Price is climbing back above the EMA(7) and EMA(25).
Bullish Signals:
EMA(7) crossing up EMA(25) on higher timeframes.
Cautions:
Resistance is close (~0.0105–0.0106), seen across 2h/30m charts.
Favorite Trade Plan (Short-term Swing/Bounce):
Buy between: 0.01015 – 0.01025
Slight pullback zone near EMA(7) on 2h/6h.
1. TP1: 0.01045 (previous peak resistance)
2. TP2: 0.01057 (next resistance if breakout succeeds)
3. TP3: 0.01070+ (bullish continuation zone)
Stop-loss:
Below 0.00980 (previous consolidation zone & support from 30m)
Risk-Reward Ratio:
Approx. 1:2.5 or better depending on TP.
trade here $PENGU