$PENGU /USDT BULLS STRUGGLING TO HOLD MOMENTUM – WATCH 0.0391 SUPPORT

PENGU is trading at 0.039358, down slightly by 0.32% after failing to sustain above the 0.0407 zone. Price is hovering near the 7 MA and 25 MA on the 1H chart, signaling a potential short-term slowdown. If buyers defend the 0.0391 support, a rebound toward recent highs is possible, but a breakdown could invite further selling pressure.

Trade Setup (Short-Term Long):

Entry: 0.03915 – 0.03940

Take Profits: 0.03990 / 0.04050 / 0.04120

Stop Loss: 0.03890

Market Outlook:

PENGU remains in a short-term consolidation phase after its recent push toward 0.0418. A decisive move above 0.0405 would restore bullish momentum, while a close below 0.0391 could turn the bias bearish in the immediate term.

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buy and trade here on $PENGU