$PENGU 's technical analysis of $PENGU/USDT indicates a bullish outlook based on recent breakouts and retests. Here is a summary of the key points:

Key Points: *Breakout and Retest: The price has broken through a significant resistance level ($0.0342) and successfully retested it, confirming it as a new support level. This pattern typically signals a strong continuation of bullish momentum. *Surge in Volume: The increase in trading volume during the breakout further enhances the credibility of the bullish trend. *Trading Plan: *Entry: Buy near the $0.0342 support level. *Targets: $0.0450 and $0.0500. *Stop Loss: Set below $0.0311.

Disclaimer: *This analysis is for reference only and does not constitute financial advice. *Trading cryptocurrencies involves significant risks, and you may lose funds. *Always conduct thorough research and consider your own risk tolerance before making any investment decisions.

Further Considerations: *Market Conditions: Monitor broader market trends and any potential catalysts that may affect the $PENGU price. *Risk Management: Adhere to strict risk management principles, including setting stop-loss orders to limit potential losses. #PENGUN