After an explosive rally, PENGU is now consolidating at the top. This is the "chop zone" where impatient traders lose money by buying high and selling low.

The price is building energy for its next major move. Instead of guessing, we will set clear battle lines and wait for the market to show us its true intention. This is how you trade like a professional.

📊 The Analysis: Defining the Battlefield

The price is now trapped in a tight range between the recent highs and lows:

  • 🔹 Resistance (The Ceiling): Sellers are defending the recent high at $0.0155.

  • 🔹 Support (The Floor): Buyers are stepping in to protect the $0.0140 level.

  • 🔹 The Market Emotion: A mix of excitement from the pump and uncertainty about what's next.

$PENGU

📈 The Game Plan: Don't Guess, React.

The #1 rule for trading a consolidation phase is: Wait for a confirmed breakout. We need proof that either the buyers or sellers have won the battle.

1. The Bullish Continuation Plan 🐂

  • ✅ Entry Signal: Wait for a strong 4-hour candle to close decisively ABOVE $0.0155. This confirms the bullish momentum is continuing.

  • 🎯 TP1: $0.0165

  • 🎯 TP2: $0.0180

  • 🛑 SL: Place it back inside the range, around $0.0151.

$PENGU

2. The Bearish Correction Plan 🐻

  • ✅ Entry Signal: Wait for a strong candle to close decisively BELOW $0.0140. This confirms the momentum has stalled and a pullback is starting.

  • 🎯 TP1: $0.0132 (the 24h low)

  • 🎯 TP2: $0.0120

  • 🛑 SL: Place it back inside the range, around $0.0144.

$PENGU

🔥 The Bottom Line: Don't let FOMO control your decisions. Consolidation after a big move is normal and healthy. By waiting for a clear break of the range, you avoid the chop and enter the trade with much higher probability.

👇 What do you think happens next? A new All-Time High 🚀 or a healthy Correction 📉? Vote in the comments!

❤️ Like if you learned how to trade a range, and follow for more pro-level plans!

#pengu #PENGUOpening #PENGU开盘