🐧 $PENGU / USDT – Bullish Breakout Alert 🐧
💰 Position Size: $1,597.20
📍 Entry Price: $0.03677
📊 Market Overview:
$PENGU has broken decisively above a critical resistance level with growing momentum and healthy volume inflows.
Buyers are stepping in aggressively, holding price action above the breakout zone and signaling the potential for a swift upward leg.
📌 Key Technical Levels:
Immediate Support: $0.03650
Breakout Support Zone: $0.03665 – $0.03680
Resistance 1: $0.03740
Resistance 2: $0.03810
Extended Target: $0.03895
📈 Trade Setup:
Bias: Long (Bullish Momentum Play)
Entry: $0.03677 (confirmed breakout)
Stop Loss: $0.03645 (just under immediate support)
Take-Profit Targets:
1️⃣ $0.03740 – First resistance test
2️⃣ $0.03810 – Mid-term bullish objective
3️⃣ $0.03895 – Extended target if momentum sustains
💡 Tactical Notes:
A retest of the $0.03665–$0.03680 support band could offer a prime add-on opportunity.
Consider moving stop loss to breakeven after the first target is hit.
Sustained volume above $0.03810 could open the door for a rapid test of $0.03895.
📢 Market Sentiment:
Bulls are clearly in control, supported by an uptick in participation and clean technical structure.
As long as the breakout zone holds, the path of least resistance remains upward, with sentiment favoring continued gains.
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