$PENGU /USDT BULLISH BREAKOUT LOADING...

Current Price: $0.016743 (+3.88%)

Chart Timeframe: 1H / 4H

🔹 KEY LEVELS TO WATCH:

Resistance:

$0.01687 (24H High)

$0.01700 (Breakout Zone 🔓)

Support:

$0.01640 (Short-term support)

🔻$0.01605 (Major swing low)

📊TECHNICAL OUTLOOK:

PENGU/USDT is showing strong momentum above the $0.01660 support zone after holding higher lows. A bullish consolidation just below resistance suggests an imminent breakout above $0.01700, backed by solid volume (3.38B PENGU traded).

Price is coiling in a tightening range, and the structure favors buyers with a potential ascending triangle breakout in play.

TRADE SETUP (LONG):

Entry: $0.01680 – $0.01700 (on breakout confirmation)

Take Profit (TP):

TP1: $0.01750

TP2: $0.01820

TP3: $0.01900

Stop Loss (SL): $0.01620 (below structure support)

RISK MANAGEMENT:

Risk 1-2% per trade.

Position sizing is key — don’t over-leverage.

Stick to SL & avoid FOMO during breakout volatility.

Momentum favors the bulls. Eyes on $0.01700 – breakout confirmation could lead to explosive upside! #OneBigBeautifulBill #BTCWhaleMovement #NFPWatch #DYMBinanceHODL #Write2Earn $PENGU