$PENGU
/USDT Long Setup – Bullish Reversal in Progress
$PENGU has broken out of the descending channel and is now forming higher lows. Price is currently testing support near 0.0345, with a potential bounce setup forming.
Trade Setup:
Type: Long
Entry Zone: 0.0342 – 0.0346
Stop Loss: 0.0317
Take Profits:
• TP1: 0.0358
• TP2: 0.0370
• TP3: 0.0441
Technical Insight:
The structure shows a breakout retest and possible higher low forming. Buyers may re-enter from this key demand zone. Confirmation needed above 0.0350 for momentum continuation.
#PENGU #AltcoinSetup #BinanceTrading #TechnicalAnalysis #CryptoSignal