#CompartilheSeusTrades $PENGU

Extremely strong buying force made $PENGU $USDT rise 18% in a few hours.

PENGU broke a descending parallel channel since June, in a classic falling wedge pattern, signaling a reversal to an uptrend.

After the breakout, the price approached the May high, near $0.0175, and is now looking to consolidate above this region.

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🧮 Technical Indicators

Oscillators (MACD, RSI, etc.) are in neutral to slightly positive territory. The MACD remains above the signal line, indicating a buying momentum.

Moving Averages: Most are in a buying trend in the short and medium terms, as indicated by TradingView reports.

In the 1h timeframe, there was a significant rise (~+33% in 24h) according to June analysis, reinforcing short-term momentum.

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🎯 Supports and Resistances

Key support: around $0.0145 — consistently maintained since the wedge breakout.

Immediate resistances: $0.0175 (recent high point) and subsequently $0.018–0.019.

Medium-term target: $0.030 (third wave of Elliott's theory), with potential extension to a new record if momentum continues.