$PENGU 🚀 BULLISH CONTINUATION 🔥
🐧 PENGU SHORT-DAY TRADING STRATEGY
🔎 Market Snapshot
Price: $0.029811 USDT
24h Volume: $203.9 million (🔥 High)
Trend: Strong intraday momentum and breakout patterns forming
---
📊 Technical Analysis
Support Levels
$0.0275 – $0.0280 → Prior consolidation zone
$0.0262 → Major short-term support
Resistance Levels
$0.0305 – $0.0310 → Intraday resistance zone
$0.0335 → Swing high level (target for breakout)
Indicators
RSI (15m/1H): 65–70 → Bullish, nearing overbought
MACD (1H): Bullish divergence active
Bollinger Bands: Widening → Volatility increasing
Volume: Surging with large buyers evident on order books
---
⚙️ Trade Setup (Short-Term Intraday)
🔸 Bullish Momentum Trade
Buy Zone: $0.0295–$0.0301
Target 1: $0.0310
Target 2: $0.0330
Stop Loss: $0.0284
Strategy: Buy on breakout candle close above $0.030 with confirmation
---
🔹 Retracement Buy Setup
Entry Zone: $0.0278–$0.0282 (if price dips)
Target: $0.0295–$0.0300
Stop Loss: $0.0265
Strategy: Use limit buys at support and wait for volume bounce confirmation
---
💬 Market Sentiment
Factor Sentiment Comments
Retail Buzz 🔥 Extremely High Trending on crypto Twitter/X
Whale Activity Active Accumulation Watch order flow spikes
Volume Surge ✅ Confirmed Over $200M+ 24h volume = strong interest
📜 Disclaimer
> This strategy is for educational purposes only and does not constitute financial advice. Cryptocurrencies are highly volatile and carry substantial risk. Always use stop-losses, practice proper risk management, and DYOR (Do Your Own Research) before making trading decisions.