$PENGU Bullish Re-Test - Is the Next Bullish Wave Ready? 🚀
The pair $PENGU UUSDT has sharply risen to 0.01720, and is now re-testing the support level near 0.01660, indicating a possibility of continuation if the bulls regain strength.
🎯 Trading Setup (Long):
Entry: 0.01660 - 0.01665
Targets:
First Profit Target: 0.01700
Second Profit Target: 0.01720
Stop Loss: Below 0.01640
📊 Market Predictions: After a strong rise, the Bingo stock is experiencing a slowdown with a strong pullback towards the support level.
If the price holds at 0.01650, it is likely to continue trending towards its recent highs and beyond.
Failure to hold may lead to a deeper retracement towards 0.01620.
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