$PENGU / USDT: Bullish Momentum Building

$PENGU is showing serious signs of life, currently up by 6.01% and trading at \$0.03483. After a strong rebound from the \$0.0325 low, it's now eyeing the local resistance zone around \$0.0362. The volume is telling the story—32.6 million traded—indicating that buying interest is back in full force. With the price now sitting comfortably above key moving averages, the 4-hour trend is shifting bullish.

The sweet spot for entries lies between \$0.03380 and \$0.03450. If the price pulls back within this range, it offers an ideal opportunity to get in. The first target to watch is \$0.03650, followed by \$0.03800 and then \$0.04050 as the next levels to aim for.

Set your stop loss at \$0.03200, just below the recent low and in a strong demand zone. Key levels to monitor include support at \$0.03250 and \$0.03305, with resistance sitting at \$0.03620 and \$0.03800.

The \$0.0362–0.0365 zone will be pivotal. A clean break above it with volume could signal a strong leg up, but be cautious if the price faces rejection here with high selling volume. Consider taking partial profits at Target 1 and trailing your stop to lock in gains.

The bulls are back—this could be the start of something big for \$PENGU. Keep your eyes on the chart and make your move when the time is right.

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