$PENGU /USDT BULLISH REVERSAL IN PLAY – LONG TRADE SETUP

$PENGU is showing signs of a bullish reversal after retesting the demand zone near 0.03065. The current structure indicates potential for an upward breakout, especially as the price reclaims minor resistance levels with bullish wicks rejecting lower prices.

With confirmation above 0.0342, a clean move toward the 0.0438 target zone is expected.

Trade Setup: • Entry: Around 0.0341

• Target (TP): 0.0438

• Stop Loss (SL): 0.0306

Risk Management:

Respect the stop loss to avoid breakdown risk. Trade with proper size and ensure R:R remains favorable. Avoid chasing entries; wait for candle confirmation.

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