🔥 $PENGU/USDT 4H Chart Update: $0.028978
"Penguins trade icebergs for rockets—gravity-defying momentum!"🐧🚀
🎯 Key Targets
1. $0.0300: Critical psychological barrier & prior swing high. Breakthrough could trigger FOMO.
2. $0.0350–$0.0380: Yearly resistance pocket. High-profit take zone if bullish strength holds.
3. $0.0400+: Undiscovered territory—new ATH potential on volume surge.
(Note: Initial $0.0260 resistance now flipped to support after breakout confirmation)
🛡️ Strategic Support
🔹 $0.0250–$0.0265: Retest zone (EMA20 + recent consolidation floor).
🔹 $0.0215–$0.0230: Macro demand area (MA50 + liquidity pool).
📊 Technical Pulse
Current Price: $0.028978
Moving Averages:
🔹 MA20: $0.02178 📈 (bullish anchor)
🔹 MA50: $0.01795 ⬆️ (accelerating)
🔹 MA200: $0.01283 🟢 (long-term trend guard)
Structure: Bull flag breakout on 4H, backed by 3x avg volume. RSI hints at cooling but holds above 60.
⚠️ Trader’s Alert
🔹 Volatility expected near $0.0300—prepare for liquidity hunts & potential wicks.
🔹 Risk Protocol: Tight stop-loss below $0.0250. Partial profits at $0.0300.
DYOR—This analysis tracks momentum, not financial guidance.