$PENGU USDT BULLISH EXPLOSION – MEME COIN ON FIRE 🔥🚀
$PENGU USDT has broken out with a massive green candle, surging +15% within minutes and testing the recent high, suggesting strong momentum continuation if buyers hold control.
🔑 Key Levels:
Support: $0.01460 – $0.01480 (previous breakout zone)
Resistance: $0.01527 (24h high) and watch for psychological level at $0.01600
Current Price: $0.01515
📈 Trade Setup (Long):
Entry: $0.01500 – $0.01520 (on retest)
Take Profit 1 (TP1): $0.01527
Take Profit 2 (TP2): $0.01560
Stop Loss (SL): $0.01460
💡 Short Market Outlook: PENGU is displaying a classic meme coin momentum breakout with strong volume support. Pullback entries on retests offer safer buys for intraday scalps. Watch for quick reversals due to volatility spikes in meme assets.
⚠️ Risk Management: Trade with minimal capital exposure, keep tight stops, and lock profits quickly as meme coin breakouts often retrace sharply.