$PENGU 🐧 PENGUU/USDT – The Penguin Ready for a March? 🚀
💰 Price: $0.035188
🔺 24H Change: +5.03%
📈 Chart Signals: Quick Breakout or a Short-Term Retrace?
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📊 1H Technical Breakdown
✅ EMA7 ($0.03459) > EMA25 ($0.03389) > EMA99 ($0.03357) – Bullish crossover in play!
✅ MACD Uptrend: Green bars expanding, momentum strong 💚
✅ RSI at 72: Almost in overbought zone – be cautious of a pullback
✅ Stochastic RSI: 90+ – signaling overbought, possible resistance
✅ OBV is rising: Strong buy-side volume driving this move 📈
✅ L/S Ratio: 0.97, showing a balanced market with a slight edge to long positions 📉
✅ O.I. up – more traders are taking positions 🧠
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🧠 TRADING PLAN STRATEGY
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🟩 LONG SETUP – "Penguin Ready to Run"
Wait for small pullbacks to avoid chasing the green candles.
📌 Entry Zone: $0.03400–$0.03500
🎯 Targets:
• TP1 – $0.03650 (Resistance zone)
• TP2 – $0.03750
• TP3 – $0.04000 (Psychological level)
🔒 Stop-loss: $0.03300 (below EMA support zone)
💡 Tip: Look for confirmations of volume spikes and bullish continuation patterns to enter the long trade.
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🟥 SHORT SETUP – "Catch the Retreat"
If PENGUU fails to break above resistance and starts to lose steam.
📌 Entry Zone: $0.03750–$0.03800 (Double top resistance)
🎯 Targets:
• TP1 – $0.03400
• TP2 – $0.03300
• TP3 – $0.03200 (EMA support)
🔒 Stop-loss: $0.03850 (above key resistance zone)
💡 Tip: Watch out for RSI divergence and negative volume momentum as signs of a short setup.
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⚠️ PENGUU's volatility – Expect wild swings with these rapid movements. Trade cautiously, especially with high RSI readings and stochastic levels near 90.
