$PENGU /USDT BULLISH ANALYSIS: STRONG MOMENTUM WITH POTENTIAL BREAKOUT AHEAD

Current Price: $0.029209 (+26.92%)

📈 24H High: $0.032637 | 24H Low: $0.022933

24H Volume: 12.65B PENGU / 365.76M USDT

Key Technical Levels

Immediate Resistance: $0.03050

Major Resistance: $0.03260 (24H high)

Immediate Support: $0.02850

Key Support Zone: $0.02700–$0.02800

Bullish Trade Setup (LONG Entry)

Entry Zone: $0.02890 – $0.02920 (current price zone)

Take Profits (TP):

TP1: $0.03050

TP2: $0.03180

TP3: $0.03260

Stop Loss (SL): $0.02780 (below key support)

Technical Outlook

PENGU/USDT is showing strong bullish momentum with a +26% gain and high trading volume. The current price is hovering just under the first resistance at $0.03050. A breakout above this level could trigger further upside to retest the recent high at $0.03260.

The volume surge confirms buyer interest, and price structure supports a continuation of the trend as long as $0.02850 holds as support.

Risk Management

Use 2-5% of your capital per trade.

Always set SL to limit downside, especially in volatile NFTs.

Adjust TP/SL dynamically as price action evolves.

Conclusion: $PENGU is gaining strong bullish traction. A breakout above $0.03050 could accelerate gains. Watch volume confirmation for entry!

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