$PENGU USDT – BREAKOUT ZONE RE-TESTING AFTER STRONG RALLY | LONG TRADE SIGNAL
CONSOLIDATION BELOW KEY RESISTANCE NEAR $0.035
BULLS HOLD GROUND AFTER PARABOLIC MOVE
$PENGU has surged from sub-$0.02 levels to test the $0.035 resistance. Price is now consolidating just below the supply zone, indicating healthy profit-taking without major breakdown. A breakout above this zone could trigger another leg higher.
TRADE SETUP:
Long Entry: $0.0295 – $0.0305
Target 1: $0.0348
Target 2: $0.0385
Stop Loss: $0.0270
MARKET OUTLOOK:
As long as $PENGU holds above the $0.027 support, momentum remains bullish. A daily close above $0.035 may confirm continuation toward new highs.
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