$PENGU /USDT, crafted for a bullish continuation setup:
$PENGU/USDT READY FOR BREAKOUT ā BULLISH MOMENTUM BUILDING
Current Price: $0.0165
24h Change: +6.14%
24h High / Low: $0.0172 / $0.01506
24h Volume: 5.53B PENGU (~$88.2M)
š TECHNICAL OVERVIEW:
has shown strong upside movement after bouncing from the $0.015 zone, forming higher lows and pressing against key resistance at $0.0172. With rising volume and bullish momentum, the pair appears poised for a breakout.
Resistance Levels:
šŗ R1: $0.0172 ā local top (breakout trigger)
šŗ R2: $0.0185 ā short-term extension target
šŗ R3: $0.0200 ā psychological barrier
Support Levels:
š» S1: $0.0162 ā recent demand zone
š» S2: $0.0155 ā key swing low
š» S3: $0.0150 ā strong base support
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š TRADE SETUP:
š¢ Long (Breakout Confirmation):
Entry: Above $0.0172 on volume spike
šÆ TP1: $0.0185
šÆ TP2: $0.0200
ā SL: $0.0162
š¢ Aggressive Long (Pullback Entry):
Entry: $0.0162ā$0.0164
šÆ TP: $0.0172, then trail to higher targets
ā SL: $0.0154
āļø RISK MANAGEMENT:
Stick to 1ā2% portfolio risk per trade
Use trailing stop after breakout to protect profits
Monitor BTC/ETH movement as sentiment indicator
š FINAL THOUGHT:
$PENGU is gaining strength with high volume and consistent higher lows. A break above $0.0172 could trigger a fast rally toward $0.0185 and beyond. Keep eyes on the breakout zone and act swiftly.
š£ Volume + Structure = Opportunity. Watch closely.
Let me know if you'd like a chart or EMA-based version too!
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