$PENGU Current Price: $0.01561 (+3.69%)
🔹 24h High: $0.017139 | 24h Low: $0.014457
🔹 Volume: 6.70B PENGU / 103.63M USDT
Market Momentum: Bullish or a Trap?
✅ Uptrend Holding Strong – Buyers are pushing, but key resistance ahead.
✅ EMA 50 & 100 Trending Up – Indicating short-term bullish momentum.
✅ Breakout or Rejection? – A decisive move is coming!
📈 Long (Buy) Trade Setup:
Entry Zone: $0.01550 - $0.01580
🎯 Target 1: $0.01650
🎯 Target 2: $0.01720
🎯 Target 3: $0.01800
🔻 Stop Loss: $0.01430
📌 Breakout Confirmation: If $0.01600 flips into support, expect strong bullish continuation!
📉 Short (Sell) Trade Setup:
Entry Zone: $0.01680 - $0.01710 (If Resistance Holds)
🎯 Target 1: $0.01580
🎯 Target 2: $0.01500
🎯 Target 3: $0.01440
🔻 Stop Loss: $0.01750
📌 Rejection Confirmation: If $0.01710 fails to break, a bearish correction may follow.
🔥 Final Verdict:
🚀 Bullish momentum remains strong, but resistance must break!
⚠️ If rejected, expect a short-term correction.
🎯 Watch key levels & follow stop-loss for risk management!