Hello Traders,
Today, let’s analyze PENGU on the daily timeframe.
PENGU is currently forming a falling wedge pattern, which is typically a bullish setup. However, this will only be confirmed if we see a breakout above both the 50 EMA and the resistance trendline. $PENGU has proven to be a profitable meme coin for many traders, and so far, the price action looks promising.
Strategy:
~ Long Entry: $0.0108 (after breakout confirmation)
~ Target: $0.015 – $0.017
~ Holding Period: Q3 2025
~ Trade Type: Spot / 2–3x Leverage
Note: Always conduct your own research and analysis before investing.
