$PENGU /USDT – Bullish Reversal Confirmed | Long Setup Active
$PENGU has broken out of its downtrend with strong momentum and volume, signaling a potential bullish reversal. The recent breakout above key resistance suggests buyers are stepping back in with force. Price is now holding above the breakout zone and forming a solid base for continuation.
Trade Setup:
• Entry Zone: $0.03960 – $0.03995
• Stop Loss: $0.03870
• Target 1: $0.04160
• Target 2: $0.04230
• Target 3: $0.04410
The breakout is supported by rising volume and a clean reversal pattern on the 15m chart. A pullback to the entry zone may offer a strong risk/reward opportunity for both spot and futures traders.
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