Trade Signal for $PENGU /USDT (Long Trade Bullish Breakout Play)
Entry Zones:
1. Aggressive: $0.009200 - $0.009300 (Current consolidation zone)
2. Conservative: $0.009000 - $0.009100 (Retest of support for higher reward/risk)
Targets (Take Profit):
TP1: $0.009500 (Psychological resistance)
TP2: $0.009703 (24h High, breakout target)
TP3: $0.01000+ (Extended rally if momentum holds)
Stop Loss (SL): $0.008700 (Below 24h Low to protect capital)
Bullish Rationale:
1. Uptrend Momentum: Price up +1.92%, holding above $0.008744 (24h Low).
2. Volume Support: 1.50B PENGU / $13.78M USDT volume indicates active buying interest.
3. Breakout Potential: Approaching 24h High ($0.009703), a clear breakout could accelerate gains.
Confirmation Needed:
Bullish candlestick patterns (hammer, engulfing) near $0.009200.
Rising RSI (above 50) or MACD crossover for added confidence.
Risk Management:
Avoid entries if price drops below $0.008700 (invalidates setup).
Use partial entries to scale in safely.
Scalping Option: Buy dips to $0.009100 for quick $0.009500 exit.
Trade here 👉🏻 $PENGU
