$PENGU Getting Ready for Another Pump? | Token Talk Trade Setup
📈 PENGU/USDT - Long Setup
Trade Bias: Long (Bullish)
Entry Range:
Entry 1: $0.01180
Entry 2: $0.01110
Take Profit Targets:
Take Profit 1: $0.01230
Take Profit 2: $0.01280
Take Profit 3: $0.01330
Take Profit 4: $0.01380
Stop Loss: $0.01010
Why This Trade?
Price has pulled back to the middle Bollinger Band (20 SMA), showing a potential bounce area.
Strong uptrend structure remains intact with higher highs and higher lows.
Previous resistance near $0.01380 could act as a magnet if momentum returns.
Key Levels to Watch:
Support: $0.01110 (Lower Bollinger Band)
Resistance: $0.01380 (Upper Bollinger Band + recent high)