$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.

#BinanceHODLerERA