$PENGU

/USDT Technical Analysis Report

PENGU is currently trading at $0.02333, showing a +1.89% gain in the last 24 hours. It made a strong recovery from the low of $0.020509 and reached a high of $0.024682, which shows good buying pressure and momentum. The price is now trading near the mid-range of today’s high and low, which means it still has room to move in either direction. Volume remains strong with 9.79 billion PENGU traded in the last 24 hours and $221.64 million in USDT volume — a clear sign of market activity and interest from both spot and futures traders.

The chart structure is looking bullish, and the price is forming higher lows. If PENGU stays above the $0.02200 support zone, there is a strong chance it will test the upper resistance levels again. A break above $0.02470 could push the price toward $0.02650 and even $0.02800 in the coming sessions. Traders should keep an eye on volume and strength during any breakout to confirm the move. As long as the price remains above the support zone, the bullish trend remains valid.

Spot Trade Setup:

Buy Entry Zone: $0.02280 – $0.02330

Target 1: $0.02550

Target 2: $0.02780

Stop Loss: $0.02130

Futures Trade Setup:

Long Entry: $0.02290 – $0.02320

Leverage: 5x – 10x (use with proper risk control)

Target 1: $0.02580

Target 2: $0.02800

Stop Loss: $0.02150

PENGU is showing a strong and clean pattern with increasing volume. Traders should wait for small dips to enter. Always use a stop loss and follow your plan with discipline. This setup looks promising for both short-term and medium-term gains. Stay alert for more updates and manage your trade wisely.