$PENGU /USDT BULLISH SIGNAL FORMING
STRONG BOUNCE FROM LOCAL SUPPORT
HIGH BUYING VOLUME ON LAST CANDLE
BULLS DEFEND $0.0087 KEY ZONE
$PENGU just bounced sharply off the $0.00874 support zone with a surge in volume, indicating buyers stepping in aggressively. The price is currently holding around $0.00909 and showing early signs of a reversal from oversold conditions. If it sustains above this level, we could see a move back toward the $0.00946ā$0.00987 resistance zone.
š¢ LONG TRADE SETUP
Entry Zone: $0.00900 ā $0.00910
Take Profit: $0.00970
Stop Loss: $0.00870
š Market Outlook:
With support holding and a strong green candle backed by volume, a bullish continuation looks likely. Watch for a confirmation close above $0.00946 for stronger momentum.