$PENGU /USDT 4H trade setup
Market Insight:
$PENGU is trading +2.76% on the day, holding above the $0.0382 pivot after rebounding from $0.0361. The $0.0390–$0.0392 range is acting as short-term resistance, and a breakout above could open the door to $0.0400+.
Entry Zone:
$0.03756 – $0.03829
Targets:
$0.03900
$0.03980
$0.04070
Stop Loss:
$0.03594
Key Levels:
Support: $0.03756 / $0.03675 / $0.03594
Resistance: $0.03918 / $0.03980 / $0.04070
Pivot: $0.03829
Pro Tip:
If price sustains above $0.03918 with strong volume, expect momentum to accelerate toward $0.0407. Otherwise, a quick retest of the $0.0375–$0.0367 demand zone could offer better entries.
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