$PENGU /USDT LONG TRADE SIGNAL – DOUBLE-BOTTOM REVERSAL

Entry Price: $0.01220 – $0.01230

Target 1: $0.01260

Target 2: $0.01290

Final Target: $0.01325

Stop Loss: $0.01200

WHY LONG?

Double-Bottom Base: Price formed a clear double bottom around $0.01205 on the 15-minute chart, showing strong support and selling exhaustion.

Higher Low & Neckline: After the second low, price bounced into the $0.01240–$0.01245 zone (the “neckline”). A clean break and retest here sets up a classic bullish reversal.

Tight Risk Zone: A stop just below $0.01200 keeps risk limited, while upside targets line up at previous minor supply zones.

Momentum Shift: Look for a green close back above $0.01235 with uptick in volume—this confirms the buyers are stepping in.

Price is currently backtesting the neckline. A validated breakout here offers high reward vs. defined risk.

TRADE HERE ON $PENGU BEFORE THE NEXT LEG HIGHER KICKS OFF 🚀