$PENGU /USDT 4H Trade Setup

Market Insight:

$PENGU has shown a strong recovery, surging over +23% in the last 24 hours with high volume (41.22B PENGU / 1.70B USDT). It’s currently trading above all major moving averages — a bullish technical alignment. Price recently tested the 0.0466 resistance and is consolidating just below.

Entry Zone:

✅ 0.0430 – 0.0445

(Pullback near MA(7) and intraday structure support)

Targets:

🎯 Target 1: 0.0468

🎯 Target 2: 0.0495

🎯 Target 3: 0.0527

Stop Loss:

❌ 0.0404 (Below MA(25) & minor structure)

Key Levels:

Support: 0.0430 / 0.0404 / 0.0379

Resistance: 0.0466 / 0.0495 / 0.0527

Pivot Level: 0.0448 (Mark Price & intraday midpoint)

Pro Tip:

Watch for volume breakout above 0.0466 with a strong 4H candle close — that could trigger a quick move toward 0.0495+. Use trailing stop once above Target 1 to protect profits in a volatile breakout.

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