$PENGU Bullish Momentum Near 24H Highs! 🚀
$PENGU is trading at 0.040990 (+5.17%), showing strong upward momentum after reclaiming the 0.04050 support zone. Price is now consolidating just below its 24H high of 0.041487, suggesting a potential breakout continuation if buying pressure sustains.
Support and Resistance
• Resistance: 0.04150 – 0.04200 – 0.04250
• Support: 0.04050 – 0.04000 – 0.03950
Trade Setup
• Entry Zone: 0.04080 – 0.04100
• Stop Loss: 0.04000
🎯 TP1: 0.04150
🎯 TP2: 0.04200
🎯 TP3: 0.04250
Market Insights
$PENGU is forming a bullish consolidation pattern after a strong rally, indicating that buyers are still in control. A breakout above 0.04150 could trigger fresh highs, while any retest of 0.04050 may offer a low-risk re-entry for bullish traders.