💥 $PENGU Bullish Breakout Alert
💲Price: ~$0.0346 – flagging low‑stress supply zone bound from ~$0.045–0.048📊
🔑Key Technical Signals:
0-1• ✅Bullish flag / pennant forming on 4H after July’s +128 % rally; breakout above the $0.045–0.048 zone could project toward $0.11.
330-0•✅ RSI / MACD bullish divergence building from oversold-ish area to mid‑range (~40–60); trend bias reasserting into strength.
482-0•✅ On-chain & derivative volume surges with open interest and funding up 200‑300 %, signaling strong speculative positioning and whale conviction.
Personal Trade Plan:
Looking to scale-in if price closes 4H above $0.040 on expanding volume. Initial target: $0.052 (measured flag projection), overall swing: $0.11. Risk managed with stop-loss at $0.033 (recent support/bounce level).
🎯 Think $PENGU finally breaks free and runs toward $0.11? On-chain bullish or just hype? Chime in with your take👇