$PENGU /USDT – Sitting on Strong Support
$PENGU is currently hovering around the $0.0306–$0.0310 support zone, which has held multiple times in the past. This makes it a key decision area: a bounce could spark a relief rally, while a breakdown may open the door to deeper losses.
Trade Setup (Long Bias):
Entry Zone: Above $0.0310 (confirmation of support holding)
Stop Loss: Below $0.0300
Target 1: $0.0335
Target 2: $0.0360
⚠️ If price fails to hold $0.0300, bearish continuation is likely. For now, bulls need to defend this support to keep momentum alive.