$PENGU /USDT Trading Signal Market Trend: Bullish with strong momentum 💯 🔥 Guys Don't Miss
$PENGU Current Price: 0.013421 USDT
24-hour Change: +30.87 percent
Analysis Summary:
The price is well above the 7-period, 25-period, and 99-period moving averages, indicating strong upward momentum. There is a sharp breakout with increased volume, confirming strong market interest. The price recently reached a high of 0.013426 and is testing that resistance level.
The volume surge, combined with a clean uptrend, confirms a short-term breakout. This could continue if buying pressure holds above support.
Trade Setup
Bias: Bullish
Entry Level: Between 0.01320 and 0.01342 USDT (ideal on minor pullback)
Take Profit Targets:
First target: 0.01380 USDT
Second target: 0.01450 USDT
Stop Loss: 0.01280 USDT (below recent consolidation and short-term support)
Strategy Notes:
The asset is showing strong short-term bullish continuation. Traders should monitor volume closely—sustained volume above current levels would support a breakout continuation. If the price fails to hold above 0.01300, a pullback to around 0.01250 could occur before any further upward movement.
