š $PENGU /USDT is showing strong bullish momentum! After finding solid support near 0.03490, the price reversed sharply and is now pushing higher with consecutive green candles on the 30m chart.
š The key support zone lies between 0.03490 ā 0.03500, where buyers previously defended strongly. This zone acts as the safety net for bulls if price dips again.
ā” On the upside, the immediate resistance sits at 0.03699 (24H high). A breakout above this barrier could fuel another wave of momentum toward fresh highs.
š Entry Strategy: Traders can look for two setups ā an aggressive entry on a confirmed breakout above 0.03700, or a safer entry on a pullback to the 0.03550 ā 0.03600 zone before continuation.
šÆ Targets:
TP1: 0.03750
TP2: 0.03820
TP3: 0.03900
ā Stop Loss: Keep risk managed below 0.03480, just under key support.
š„ Overall, $PENGU is in a bullish phase with momentum in favor of buyers. Watching volume at resistance will be crucial to confirm the next leg up. Smart entries can reward traders with excellent risk/reward opportunities!
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