#PENGU
Scenario 1: Bullish Continuation
If price holds above $0.0277 (recent high turned support):
Entry: Re-test of $0.0277–$0.029 zone
Target 1: $0.0326 (previous high, break again) Target 2: $0.0415 (Fib 3.618)
Stop-loss: Below $0.0255 (prior consolidation high)
Scenario 2: Pullback Before Next Leg
If price fails to hold $0.0277:
Watch pullback to $0.0213–$0.023 (Fib support + EMA zone)
Long Entry: Bounce confirmation at $0.0213
Target rebound back to $0.0297–$0.032
SL: Below $0.0199
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Volume confirms trend – stay in as long as volume supports the move.
Watch BTC/ETH sentiment – if they dip, PENGU may pull back regardless of strength.
Avoid chasing – wait for confirmation candles and volume alignment before adding more.
DYOR
