#PENGUToken #TrendTradingStrategy $PENGU

Here’s the latest update on PENGU/USDT:

📈 Technical Outlook (TradingView):

Current sentiment is neutral—both oscillators and moving averages show neutral signals . That means market participants are waiting for a real breakout or breakdown.

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📊 Trade Ideas & Patterns

Bullish pennant breakout setup:

TradingView analysts spotted a bullish pennant with breakout above ~0.0175 USDT confirmed by volume .

A pullback into the pennant base could offer good entry. If price sustains above that level, upside target is around 0.043 USDT.

Cup‑and‑handle formation:

InvestX notes ~$1.08 M inflows, rising volume, and social activity hinting a cup‑and‑handle forming. Breakout above 0.017 USDT could aim for 0.044 USDT .

Binance 1‑hour chart:

Strong recent bullish momentum: price is above the 7, 25, and 99‑period MAs .

Suggested entry on minor pullback (0.01320–0.01342), targets at 0.01380 and 0.01450, stop loss at ~0.01280.

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🧭 Summary: Is it a Buy signal?

Yes, if you see price hold above ~0.017 USDT with volume—this suggests a confirmed breakout into bullish setups (cup‑and‑handle / pennant).

Consider partial entry on pullbacks toward 0.013–0.017 USDT zone, with tight stops below recent support (~0.0128–0.0130).

Targets near 0.043–0.044 USDT if momentum sustains.

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⚠️ Risks & Key Warning Signs

False breakout: If price fails above resistance and falls back, lower support is around 0.009–0.013 USDT .

Volatility and funding pressure: Short‑term pullbacks likely, consider position sizing wisely.

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✅ Next Steps If You're Interested

1. Watch for confirmation: price closing above 0.017 USDT on good volume.

2. Scale in on dips into 0.013–0.017 USDT, using stops around 0.0128–0.0130.

3. Target range: look for 0.020–0.025 USDT first, then extend toward the 0.040+ zone.

4. Manage risk: exit if price closes meaningfully below support or no volume.