$PENGU /USDT — it’s showing very strong momentum, with a +25.36% gain and massive volume,
PENGU/USDT Overview
Current Price: $0.012061
24h High / Low:
High: $0.012257
Low: $0.009496
Volume:
PENGU: 5.64B
USDT: $61.46M
Category: NFT / Hype token
Trend: Super bullish (25%+ gain = breakout or FOMO spike)
Key Technical Levels
🔹 Support Zones
$0.01149 (soft support on dip)
$0.01049 (strong bounce zone)
$0.00950 (24h low range, hard support)
🔸 Resistance Zones
$0.01226 (24h high)
$0.01248+ (next breakout level)
Price discovery above $0.01250
Trade Setup Suggestions
🅰️ Momentum Breakout Trade
High-risk/high-reward setup — only trade on breakout confirmation above 24h high
Entry: $0.01230–$0.01245
Stop-Loss: $0.01170
Target 1: $0.01320
Target 2: $0.01400
Risk/Reward: ~1:2+
🔁 Wait for bullish candle close above $0.01226 (ideally with high volume on 15m/1h)
🅱️ Pullback Buy Setup
Safer entry if price cools down — ideal if you missed the initial run
Entry: $0.01100–$0.01150 (buy zone near previous breakout area)
Stop-Loss: $0.00980
Target 1: $0.01200
Target 2: $0.01240
Risk/Reward: 1:2+
Use RSI and volume as confirmation — wait for a bounce on support before entering.
Confirmation Tools
RSI: Wait for pullback below 60, then bounce → stronger setup
MACD: Bullish cross on 15m or 1h confirms continuation
Volume: Key in hype tokens. Weak volume = don’t chase.
⚠️ Notes for PENGU
Likely very volatile due to NFT/altcoin hype
Expect fast moves and quick reversals
Don’t chase green candles blindly — always enter on breakout retest or pullback with confirmation
Strategy Tip:
If you’re scalping, consider using the 0.01 psychological zone as your invalidation level, and trail your stop as price moves.
