$PENGU /USDT 4H Chart Analysis
"Penguins don't fly—but this chart just took off." 🐧🚀
🎯 Targets:
Target 1: $0.0260
The nearest resistance level from local candles. The first stop for those looking to take profit.
Target 2: $0.0300
Psychological round level and a previous important pivot.
Target 3: $0.0350 – $0.0380
If momentum remains strong, the price may retest the resistance zone at the beginning of the year.
🛡️ Support Zone:
$0.0200 – $0.0215
Previous breakout zone + MA20 zone. Potential retest zone if the price drops.
📊 Technical Overview:
Current Price: $0.02499
MA20 (Short-term): $0.02178
MA50: $0.01795
MA200: $0.01283
Breakout from consolidation confirmed by strong bullish candles. Volume growth supports the movement.
⚠️ Risk Reminder:
This is a breakout setup with high volatility. Pullbacks and fake signals are common at these levels.
Not financial advice—always use stop losses and manage your risk!
