$PENGU /USDT BULLISH BREAKOUT SETUP – READY TO WADDLE UPWARD! 🐧🚀
Current Price: $0.015236
24h High: $0.015560
24h Low: $0.014300
Volume (24h): 2.57B PENGU / 38.14M USDT
🔍 TECHNICAL OUTLOOK:is holding strong above key support at $0.01500, showing resilience after a brief dip to the 24h low. The price is forming a bullish flag pattern on the 1H and 4H charts – often a precursor to an upward breakout.
Key Resistance Levels:
🧱 $0.01560 – Immediate resistance (24h high)
🧱 $0.01590 – Local breakout zone
🧱 $0.01650 – Bullish target if momentum confirms
Support Levels:
🛡 $0.01500 – Strong psychological & technical support
🛡 $0.01460 – Next demand zone if pullback extends
🎯 TRADE SETUP – LONG ENTRY
✅ Entry: $0.01520–$0.01530 (current zone)
🎯 Targets (TP):
• TP1: $0.01560
• TP2: $0.01590
• TP3: $0.01650
🛑 Stop Loss (SL): $0.01480 (below structure support)
📊 Risk/Reward: Approx. 1:2.5 — favorable for short-term bulls.
⚠️ RISK MANAGEMENT TIPS:
Never risk more than 1–2% of your capital per trade. Set alerts near key levels and trail stop as price moves in your favor.
🔥 Summary:
With solid volume and a bullish structure forming, looks ready to launch if it clears $0.01560 with strength. Eyes on volume surge and candle confirmation for best entry timing!
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