$PENGU Breakout Alert – 1H Chart Analysis
Pair: PENGUUSDT Perpetual
Timeframe: 1H
Current Price: 0.032851 (+13.38%)
Breakout Zone: Above 0.03275 AVL
Volume Surge: 11.42B PENGU / 358M USDT
MACD Momentum: DIF: 0.000279 | DEA: 0.000078 | MACD Histogram: +0.000157
Technical Breakdown:
- Structure: PENGU has broken out of a tight consolidation range following a sustained uptrend, confirming bullish continuation above the AVL (0.03275).
- Volume Confirmation: Sharp uptick in volume aligns with price expansion, validating breakout strength.
- MACD: Positive crossover with widening histogram suggests momentum is accelerating.
- 24H Range: Price is approaching the intraday high of 0.033887, with strong support at 0.028600.
Next Targets:
- Immediate Resistance: 0.03450–0.03520 zone (psychological + fib extension)
- Support Retest Zone: 0.03180–0.03200 (ideal for pullback entries)
📌 Trade Considerations:
- Risk Management: Tight stop below 0.03150 to protect against false breakouts.
- Setup Type: Momentum continuation with volume-backed confirmation.
- Bias: Bullish above AVL; neutral-to-bearish only on breakdown below 0.03150.
