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Buy Signal
PENGU USDT
– Healthy correction after a strong rise! Re-testing support
Rose from $0.0271 to $0.0348
The price remains above MA25 – bulls are still in control
$PENGU rose over 28% from the $0.027 area, peaking at $0.0348 before entering a short correction. The current price action shows a healthy re-test near MA25 ($0.0310), while the bullish trend structure remains intact.
This correction could provide a new long entry if support holds and the price firmly settles above MA7 ($0.0326).
Long Entry: $0.0320
Targets (TP): $0.0335 / $0.0348
Stop Loss (SL): $0.0304
The bullish outlook remains valid as long as the price is above $0.031. Watch for an increase in volume near $0.0326 for confirmation.
