$PENGU – Professional Tip: For a safer entry, wait for a strong green candle to close above $0.0322 with volume confirmation - this may indicate bulls regaining control.
Increased volatility with recovery potential! 🚀
Current price: $0.031916
$PENGU experienced a sharp break to $0.03375 before quickly retracing, indicating strong sellers at the peaks. However, the price is now stabilizing and forming a potential higher low on the 30-minute chart, suggesting a setup for a rebound.
Support level: $0.0310
Resistance level: $0.0337
Trade setup:
• Entry zone: $0.0315 – $0.0322
• 🎯 TP1: $0.0332
• 🎯 TP2: $0.0339
• 🎯 TP3: $0.0355
• Stop loss: $0.0304
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