$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.
#BNBBreaksATH #TrumpBitcoinEmpire #BTCvsETH #ETHBreaks3700 #StablecoinLaw