$PENGU USDT – LONG TRADE SIGNAL🟢

TRIPLE EMA RECLAIM IN PROGRESS

STRONG BOUNCE OFF DEMAND ZONE AT 0.029000

PENGU is bouncing from the 0.029000 support and has just closed above the EMA(7) and EMA(25), while testing EMA(99) as immediate resistance. Momentum is turning bullish with higher lows forming on the 30-min chart.

📊 Key Technical Levels:

• Support: 0.029000

• Resistance: 0.031215 / 0.032014

• Breakout Zone: 0.030720

• Consolidation Range: 0.029600 – 0.030700

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📈 Trade Setup:

• Entry Point: 0.03040 – 0.03065

• Stop Loss: 0.02920

• Take Profit:

 • TP1: 0.03120

 • TP2: 0.03200

• Margin: 2–3% of wallet

• Leverage: 10x

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📉 Market Outlook:

A successful reclaim of EMA(99) could trigger a short squeeze toward upper resistance. PENGU shows early signs of reversal from oversold levels — bullish confirmation above 0.03070 is key.

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