$PENGU /USDT 4H Chart Analysis
“Penguins don’t fly—but this chart just did.” 🐧🚀
🎯 Targets:
Target 1: $0.0260
Closest resistance from local wicks. First stop for profit-takers.
Target 2: $0.0300
Psychological round level and prior major pivot.
Target 3: $0.0350 – $0.0380
If momentum stays strong, price could retest the early-year resistance zone.
🛡️ Support Zone:
$0.0200 – $0.0215
Previous breakout area + MA20 zone. Potential retest region if price pulls back.
📊 Technical Overview:
Current Price: $0.02499
MA20 (Short-Term): $0.02178
MA50: $0.01795
MA200: $0.01283
Breakout from consolidation confirmed with strong bullish candles. Volume surge supports the move.
⚠️ Risk Reminder:
This is a high-volatility breakout setup. Pullbacks and fakeouts are common at these levels.
Not financial advice—Always use stop-losses and manage your risk!
