$PENGU /USDT BULLISH MOMENTUM WITH STRONG VOLUME
Current Price: $0.025741 (+12.82%)
Timeframe: 4H Analysis
Technical Analysis
PENGU is showing strong bullish strength backed by high trading volume (5.6B PENGU). After rebounding from the recent low of $0.021345, price has broken above previous resistance levels and is now approaching a potential breakout zone.
Key Levels
Support Levels:
$0.02350 – Short-term support
$0.02180 – Strong demand zone
Resistance Levels:
$0.02650 – Key breakout resistance
$0.02800 – $0.03000 – Next bullish targets
Trade Setup (LONG)
Entry: On slight pullback at $0.02550 – $0.02520
Take Profit Targets:
TP1: $0.02650
TP2: $0.02800
TP3: $0.03000
Stop Loss:
SL: $0.02380 (Below minor support)
Risk Management
Keep your risk per trade between 1% – 2%. Stick to your SL, and don’t overleverage. Capital protection is the real alpha!
Volume confirms the move — eyes on breakout above $0.02650!
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