📊 $PENGU /USDT – Technical Outlook
🚨 Buy & Hold Setup Under Watch
PENGU is forming a strong bullish structure on the 4H and Daily timeframes, signaling a potential breakout move soon.
🔹 Structure: Bullish continuation pattern, holding above trendline support
🔹 Volume: Gradually increasing—early accumulation signs
🔹 Resistance Zone: $0.018 – Break above this level could trigger a rally toward $0.025+
🔹 Support Zone: $0.0135 – Retest zone for long re-entries
🔹 Indicators:
• RSI still below overbought → room for further upside
• MACD shows bullish crossover
• Bollinger Bands tightening → volatility expected
🎯 Key Levels
📈 Breakout Trigger: $0.018
🎯 Short-Term Target: $0.022–$0.025
🛑 Stop Loss: Below $0.013 for risk control
📚 Educational Note (For Course):
This is a textbook example of a pre-breakout accumulation phase—often seen before meme coin parabolic moves. Look for volume confirmation + candle closure above resistance for high-probability entries.
⚠️ Not Financial Advice – For Educational Purposes Only
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