$PENGU /USDT BULLISH BLAST-OFF AS BUYERS RECLAIM CONTROL AFTER MAJOR WHALE SPIKE
After a sharp slip, $PENGU /USDT suddenly exploded upward following a massive whale buy, pushing the market into a strong bullish reversal. The aggressive volume spike and rapid recovery indicate that buyers have taken full control. Price structure has flipped from bearish to bullish, forming higher lows and showing momentum buildup for another potential breakout if current support levels hold
đ Trade Setup (Long Entry)
Entry: Look for entries between support zone (recent pullback area)
TP1: Moderate resistance
TP2: Higher bullish target
TP3: Strong extension target
Stop Loss: Below the nearest swing low (tight SL recommended due to volatility)
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đ Short Setup (Only if clear rejection appears at the next resistance)
Entry: On confirmation after rejection
TP1: Nearest support
TP2: Deeper pullback zone
Stop Loss: Above rejection candle
Market Outlook
PENGU/USDT is currently in a bullish momentum phase. If buyers maintain pressure and price holds above the breakout zone, PENGU may attempt another rally. However, volatility will remain high, so traders should watch for strong reactions at resistance levels. Momentum stays bullish unless a breakdown occurs below the new support.
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