š $PENGU /USDT ā Decision Point Setup (4H Chart)
Current Price: $0.013455
24H High / Low: $0.015518 / $0.013308
24H Volume: 8.37B PENGU | $119M USDT
Buy/Sell Ratio: 46% Buy vs 54% Sell
Trend: Price pulled back sharply after hitting $0.0155 ā now holding just above key 4H support with mixed momentum.
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š Key Zones to Watch
- Resistance: $0.01520 ā $0.01570
A breakout above this can take price back into strength toward $0.01650+
- Support: $0.01330 ā $0.01290
If price fails to hold here, correction toward $0.01220 is possible
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š® Short-Term View (Next 6ā12H)
Currently, volume is cooling down and the pair is testing a local demand zone. If bulls defend this support and reclaim $0.01400+, we could see momentum shift back upward.
But if this zone breaks, it signals trend exhaustion ā best to wait for consolidation below before re-entry.
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š§ Trade Strategy Plan
- Entry: Either on bounce from $0.01330 zone or breakout above $0.01480
- Target: $0.01550 / $0.01650
- Risk Cutoff: Break below $0.01290 = avoid or exit
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