$PENGU #PENGUUSDT

PENGU remains technically strong with breakout potential, but watch volume and BTC sentiment closely. If price sustains above 0.0360, bulls may attempt a breakout above 0.0402, targeting 0.0450+ in the short term.

PENGU has been on a massive uptrend, climbing over 316% in 30 days and 500%+ in 90 days — clearly one of the strongest trending low-cap NFT tokens on Binance recently.

✅ Price is consolidating just below local high after a steep pump.

💰 Strong support forming above 0.030 psychological level.

📊 Break above 0.0402 will signal new ATH territory.

Support Zones:

0.03300 – 0.03200 → Strong local support from recent consolidation.

0.03000 (psychological level) → Crucial for bulls to hold.

0.02780 (previous breakout) → Backup swing low.

🔸 Resistance Levels:

0.03850 → Minor horizontal resistance (July wick rejection)

0.04020 (ATH) → Breakout level

0.04500 → Fibonacci extension + round number target

Order Book: 65.76% Buy vs 34.24% Sell → Bullish pressure

Market Mood: FOMO rising, but breakout confirmation still pending

Trade Strategy

🔼 Bullish Setup (Momentum Continuation):

Entry: 0.0360–0.0362

Breakout Buy: Above 0.0402 (ATH)

TP1: 0.0425

TP2: 0.0450

SL: 0.0318

🔽 Bearish Pullback Setup:

Entry: If rejection below 0.0362

Short Target: 0.0325

SL: Above 0.0388

Not recommended unless BTC dominance spikes or market sentiment shifts.