$PENGU ๐ง๐ โPENGU Is Not Just Marching โ Itโs Gliding Through Resistanceโ โ๏ธ๐
> +31.52% | Big volume | Clean EMA respect | No wild wicks
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๐ Chart Overview (1H Timeframe)
๐น Metric ๐ Value
๐ฐ Price $0.0298
๐ 24H Gain +31.21%
๐ผ 24H High $0.03102
๐ป 24H Low $0.02256
๐ 24H Volume 1.21B USDT
๐ Trend Bullish Momentum โ
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โ Why This Move Looks Real
โ Strong Structure
EMAs (7/25/99) perfectly aligned = stable trend
Every pullback held EMA7 or EMA25 beautifully
โ Volume Confirmed the Move
โ MACD & Stoch RSI
MACD lines rising and well-separated
Stoch RSI strong at 87, not yet crossing down โ still has steam
โ RSI 74
Bullish, but not extreme. Room to push higher before entering danger zone
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๐จ Yellow Flags to Watch
โ ๏ธ Price hesitation near $0.0310 (top wick forming)
โ ๏ธ Volume slightly decreasing on latest candle = early signs of profit-taking
โ ๏ธ Stoch RSI at peak โ any cross down from here could trigger minor pullback
โ ๏ธ If RSI hits 80+, expect possible short-term retrace or consolidation
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๐ Entry Playbook โ New & Pro Traders Alike
โ Already Holding?
๐ฏ TP1: $0.0305
๐ฏ TP2: $0.0318
๐ก๏ธ Trail SL: Move to $0.0280
๐ If breakout fails, next major support = $0.0265
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๐จ Missed the Move? Wait for Either:
Scenario Action
๐ Pullback to $0.0278 Entry zone if volume supports
๐ Breakout above $0.0311 Re-entry after consolidation
โ Below $0.0265 Avoid โ trend may break
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๐ฅ Shorting? Not Yet.
No weakness confirmation
Only consider if RSI > 80 and bearish divergence appears
Premature short = burnt account โ ๏ธ
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๐ For New Traders: What Makes This a Clean Setup?
โจ EMAs stacked = organised trend
โจ MACD rising = momentum
โจ Volume burst = real interest, not bot spike
โจ No long wicks = less manipulation risk
> This is how real bullish charts behave โ not like sudden pump/dumps.
