I hope you haven't missed this great rise as I mentioned a few days ago 👀🔥 read on, follow me, and don't miss it as it could have another rise
$PENGU /USDT – Long Trade Signal with Healthy Pullback
📉 Current Price: 0.028821
⏱ Time Frame: 4 hours
🛡 Support Level: 0.027500
🎯 Resistance Level: 0.032600
📥 Entry Zone: 0.028400 – 0.028800
🎯 Trade Objectives (Take Profit):
• TP1: 0.030500
• TP2: 0.032200
• TP3: 0.034000
🛑 Stop Loss:
• Below 0.027000
📊 Technical Analysis:
PENGU shows an impressive bullish structure, having doubled its value in recent days. The current pullback seems more like a technical pause, with the EMA(7) and EMA(25) showing dynamic support in the 0.028 area.
The MACD remains in positive territory, and the RSI at 61 suggests there is still room to continue upward. The recent consolidation at the upper part of the channel indicates that the bulls are accumulating before another push.
📌 Key Observation:
PENGU could attempt 0.032 again if it manages to hold above 0.0275. A breakout with volume would be a clear signal of continued bullishness.