$PENGU
🐧 Market Snapshot
Current Price: ~$0.0323 (averaging $0.032–$0.033)
24h Range: $0.0308 – $0.0350
Price Movement: +2–4% gains today, +120–130% gain over last 7 days
Volume: Around $1.3–1.7 B 24h; record open interest in derivatives — strong institutional interest
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🧠 Technical Trends
Moving Averages: Trading above 20/50/100/200 EMA—classic bullish trend
Oscillators: RSI ~80+ — extremely overbought; some intraday neutral zones
Timeframe Signals:
Daily/Weekly: Strong Buy
Intraday (hourly–4h): Mixed/neutral—risks of consolidation
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🎯 Key Levels & Strategy
Level Price (USD) Notes
Support (base) $0.0305–$0.0310 Daily pivot zone
Entry Zone $0.0315–$0.0325 Current price area
Breakout Trigger >$0.0340–$0.0350 High-volume push
**Target 1 (T1)** $0.0380 Short-term upside
**Target 2 (T2)** $0.0450–$0.0500 If momentum continues
Stop‑Loss $0.0300 Just below 24h low
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🔄 Trade Plan
1. Aggressive Entry:
Buy between $0.0315–$0.0325 with stop-loss at $0.0300.
2. Conservative Entry:
Wait for clean breakout above $0.0340–$0.0350 on strong volume.
3. Profit Management:
Scale out at T1 ≈ $0.0380; move stop to breakeven.
Target T2 ≈ $0.0450–$0.0500 for extended rally.
4. Risk Controls:
Limit risk to ~1–2% of trading capital.
Avoid chasing if price drops back below support.
Watch for RSI cooling from ~80 — potential consolidation.