🔥🔥⚡⚡💰💰💰🚀$PENGU 's Bull Run Fueled by #ETF Hype
$PENGU exploded 34% in 24H after the #SEC acknowledged the Canary ETF — the first proposal linking a memecoin + #NFT hybrid. 💰💰🚀🚀🔥🔥
The ETF would hold 80–95% PENGU tokens and 15% Pudgy NFTs, echoing the Bitcoin ETF pre-approval hype.
📈 Breakout above $0.017 hints at a 75% rally to $0.0318. Volume soared 280% ($656M), RSI at 61.22, #MACD flipped bullish.
🐋 Whales bought +2.18B PENGU in 30 days, exchange reserves dropped 8.3%, easing sell pressure. Derivatives now bullish with funding rates positive since July 1.
With $BTC dominance at 63.76%, can Pengu hold $0.0142 and aim higher?
Trade Setup:
Current Price: $0.019596 (+33.21%)
Support: $0.015900
Resistance: $0.021400
Entry Zone: $0.018200 – $0.019400
Targets:
🎯 Target 1: $0.020800
🎯 Target 2: $0.021400
🎯 Target 3: $0.022900
Stop Loss: $0.015700
Suggestion:
Buy between $0.0182–$0.0194 on dip — aim for fast scalps above $0.021