$PENGU /USDT.

PENGU/USDT Quick Trade Setup

Timeframe: 15m — 1h

Key Data:

Current Price: 0.005986

24h High: 0.006072

24h Low: 0.004871

MA60 (15m): 0.005957

Volume (15m): 2.93M

MA(5): 4.06M

MA(10): 5.46M

24h Change: +15.60%

Setup Idea:

Trend: Bullish, up 15% on the day — currently consolidating near resistance

Immediate Resistance: 0.006060 — 0.006072 (24h high)

Immediate Support: 0.005906 — 0.005829 (around MA60 and recent reaction levels)

Trade Plan: Option 1: Breakout Trade

Entry: If price breaks and closes above 0.006072 with volume >4M

Target 1: 0.00620

Target 2: 0.00635

Stop loss: 0.005906

Option 2: Pullback Buy

Entry: Near 0.005829 — 0.005906 (support + MA60 area)

Target 1: 0.00606

Target 2: 0.00620

Stop loss: 0.005675

Volume Confirmation:

Current volume declining from MA(5) and MA(10) — watch for volume pickup above 4M on breakout attempts

Summary:

Bullish bias, but near resistance — either trade the clean breakout or buy on a healthy dip

Tight stops since NFT/meme tokens can swing hard both ways

Volume is key — if volume stays weak, avoid chasing

If you’d like, I can also map this on a visual trade chart layout or check a longer timeframe setup — want me to?

#BinanceHODLerHYPER #SaylorBTCPurchase #MarketRebound #PenguinPower