$PENGU Momentum Picking Up, Breakout in Sight?
PENGU/USDT is slowly climbing back toward the $0.04400 resistance after bouncing from a short-term support zone. Volume is increasing, and buyers seem to be regaining control. A clean breakout could open the gates for a new leg up.
Key Levels to Watch:
• Resistance: $0.04400 – Breakout above this level could trigger a rally toward $0.04500 and $0.04620
• Support: $0.04260 – If price breaks down here, it may retrace to $0.04180 and $0.04120
Trade Setup (15-Min Chart):
Bullish Setup:
• Entry: Above $0.04400
• Target 1: $0.04500
• Target 2: $0.04620
Bearish Setup:
• Entry: Below $0.04260
• Target 1: $0.04180
• Target 2: $0.04120
PENGU is gradually building bullish structure with steady volume and higher lows. A confirmed move above $0.04400 could invite strong momentum buying. However, failure to hold $0.04260 may invalidate the setup. Trade the breakout, not the noise.