$PENGU /USDT

📊 PENGU/USDT Market Overview

Last Price: $0.016023

24h Change: +1.84%

24h High / Low: $0.016682 / $0.015625

24h Volume:

PENGU: 2.07B

USDT: $33.24M

🔹 Key Price Levels

TypePrice RangeNotesResistance 1$0.0166824h high – immediate breakout zoneResistance 2$0.01720–$0.01761Strong resistance / TP zoneSupport 1$0.0156224h low – soft supportSupport 2$0.01400Major support zoneSupport 3$0.01220–$0.01040Deep liquidity support – invalidation

🟢 Bullish Trade Setups

✅ Breakout Long Setup

Entry: On a confirmed breakout above $0.01670–$0.01680

(look for high volume + strong 15m/1h candle)

Targets:

TP1: $0.01720

TP2: $0.01760

Stop-loss: Below $0.01580 or breakout candle low

✅ Pullback Long Setup

Entry Zone: $0.01560–$0.01580

Confirmation: Bullish wick / EMA or trendline bounce

Targets:

TP1: $0.01602

TP2: $0.01668

Stop-loss: Below $0.01480

🔴 Bearish Setup (Short Rejection)

Entry: Rejection between $0.01668–$0.01720

Confirmation: Bearish divergence, candle rejection, RSI >70

Targets:

TP1: $0.01560

TP2: $0.01400

Stop-loss: Above $0.01765

📈 Indicators to Watch

RSI (15m/1h): Near 70 = potential short scalp or caution on longs

Volume: Breakout above $0.01668 needs volume surge

MACD: Look for bullish cross or histogram flip for confirmation

⚖️ Strategy Notes

Leverage: Keep it low-to-mid (2x–5x) due to memecoin volatility

R:R Ratio: Aim for 2:1 or better

Watch BTC: If BTC drops, alts like PENGU may follow fast

Exit partials near TP1, and trail the rest if breakout is strong

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