$PENGU Bulls Aim for Higher Resistance After Strong Rebounds....

$PENGU has staged multiple impressive recoveries, bouncing from the $0.030 support zone with back-to-back rallies of 34% and 26%. Buyers are showing resilience after the previous consolidation and pullback phases, keeping momentum alive.

Long Continuation Setup

Entry Zone: $0.0375 – $0.0380 on minor dips

Stop Loss: Below $0.0365 to manage downside risk

Target 1: $0.0415 – short-term resistance

Target 2: $0.0455 – major resistance and recent high

Bullish Outlook

As long as price stays above $0.0365, the bullish structure remains intact. A clean breakout above $0.0415 with strong volume could set up another test of the $0.0455 peak, potentially triggering fresh highs.