#penguin Just Woke Up and Bulls Are Taking Control!
After weeks of low volatility, PENGU$PENGU has exploded with a +30% move, catching the eye of traders across the market.
๐ Technical Analysis โ PENGU/USDT
Accumulation Phase: Price was consolidating between $0.029โ$0.032, forming a strong base.
Breakout Confirmed: The rally to $0.040 was backed by rising volume a key sign of strength.
Resistance Zone: $0.040 acted as a local top, with minor rejection.
Higher Lows: Price action continues to form a bullish market structure.
๐ฎ What's Next?
If bulls maintain control above $0.0365โ$0.037, a push toward $0.044 and $0.048 is on the cards.
However, dropping below $0.036 may lead to another consolidation phase.
๐ Not financial advice. Always DYOR.
๏ปฟ