$PENGU /USDT — STRONG REBOUND IN PLAY AS SUPPORT HOLDS
After facing resistance at $0.0461, $PENGU entered a healthy pullback phase. The $0.030 support zone is holding firm, showing strong buyer defense. This consolidation could be the fuel needed for the next bullish leg.
If price sustains above $0.030, momentum can quickly shift back toward the $0.042–$0.045 resistance zone. A clean break above $0.045 could even open the door for fresh highs.
📊 Trade Setup (Long):
Entry Zone: 0.0342 – 0.0360
Stop Loss: 0.0320
Take Profit Targets:
TP1: 0.0383
TP2: 0.0413
TP3: 0.0450
📈 Market Outlook:
Trend structure remains bullish with strong volume backing the recent surge. As long as $0.030 support stays intact, $PENGU has potential to retest higher resistance levels with solid upside momentum.
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