$PENGU / USDT ā Continuing its Ascent! š
$PENGU is currently trading at $0.013416, showing an impressive gain of +42.47%! Following the bullish signals from yesterday, the 4-hour chart continues to show strong upward momentum with significant green candles and increasing volume. It's breaking into new territory!
Potential Trade Setup:
Entry: Consider potential entries around the current price or on slight pullbacks towards $0.0132, looking for support to hold.
Target 1: $0.0138
Target 2: $0.0145
Final Target: Open target, watch for resistance levels as it moves higher.
Stop Loss: Place a stop-loss below recent swing lows, perhaps around $0.0128, to manage risk.
Key Observation: The strong bullish momentum and high volume indicate continued buying interest. Monitor for any signs of weakening momentum, but the trend remains strongly upward for now.
Remember to conduct your own thorough analysis before making any trading decisions. Have a fantastic Monday!