$PENGU – LONG TRADE SIGNAL AFTER DOUBLE-BOTTOM SUPPORT HOLD
$PENGU /USDT has confirmed a short-term double-bottom formation around the $0.0355 zone, with bullish rejection candles signaling a potential reversal. Price has reclaimed the $0.0375 level after a strong wick down, suggesting buyer interest returning.
Trade Setup:
• Entry: $0.0375 – $0.0380
• Target 1: $0.0398
• Target 2: $0.0423
• Stop Loss: $0.0354
Short Outlook: Price must hold above $0.0372 for momentum to sustain. Breakdown below $0.0354 invalidates the setup.