📈 $PENGU /USDT Rebounds Off Support – Breakout Setup in Progress? 🐧🚀
PENGU bounced from 0.008792 and is now trading at 0.009542, with strong bullish candles forming just below the mid-Bollinger band.
📊 Technical Overview:
• Support Zone: 0.00880 – 0.00890
• Resistance Zone: 0.00968 – 0.01028
• Trend Bias: Recovery mode after correction
• Volume: Solid at 1.89B PENGU – bulls showing interest
🎯 Trade Setup:
• Entry: 0.00950 – 0.00960
• Stop Loss: 0.00875
• TP1: 0.00985
• TP2: 0.01027
• TP3: 0.01086
📌 Watch for a confirmed break above 0.00968 (mid-band) for momentum continuation. A volume spike could ignite the next leg up.