$PENGU - Retesting Support Zone ๐
Buying Opportunity ๐๐๐
$PENGU has been showing bullish momentum, with a strong push to $0.027398 before consolidating near the $0.026763 level. The chart indicates a potential retest of the support zone in the $0.026500-$0.026145 range, offering an opportunity for another upward move.
Entry Range: $0.026500 - $0.026763
Target 1 (TP1): $0.028500
Target 2 (TP2): $0.029095
Stop Loss (SL): $0.026145
Market Observation:
A healthy consolidation suggests potential for continuation if the support zone holds.
Break above $0.027000 could ignite a further rally toward higher resistance levels.
Ideal for traders seeking short-term bullish setups, while maintaining risk management with SL below $0.026145.
Pro Tip: Monitor volume for confirmation of breakout or potential rejection near resistance.