$PENGU

PENGU/USDT Update: Ready to Soar Again? 🚀

Hello traders! 👋 PENGU/USDT is quite exciting right now!

Overall, the trend is still strongly upward on H4 & 1D! 💪

🔐 Key SMC Level: There is a resistance area around 0.012-0.013 USDT that is currently being tested, so keep an eye on it!

📈 H4 Trend: Strong! Prices are making higher highs, higher lows, above Moving Averages. Volatility is increasing, volume is good. Let’s go!

📉 M15: Currently in a correction or light consolidation, but this is normal after a rise. A chance for those looking to scoop up!

⚡ M5: Starting to show reversal & minor breakout signals. Volume is also starting to follow. Get ready!

🎯 Potential: If it breaks 0.0122 USDT with volume, it could continue to 0.0125 - 0.0130 USDT.

✅ Conclusion: Scalping & Day Trading: Look for buying opportunities at breakout/retest support. Swing Trading: Potential still looks good!

⚠️ Advice: Tight SL, always wait for volume confirmation, be careful of false breakouts. Don’t get carried away!

"Price is a reflection of market emotions, not facts." - Unknown

#dyor #TechnicalAnalysis #PENGUUSDT

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