$PENGU /USDT BULLISH CONSOLIDATION – READY FOR NEXT LEG UP?
$PENGU is currently trading at $0.010801, up +6.40% in the last 24 hours. After a sharp breakout from the $0.01000 level, price faced resistance near $0.01091 and is now forming a consolidation pattern just below local highs. The bulls are defending the $0.01070 support zone, suggesting a potential continuation move if volume increases.
Trade Setup (LONG):
Entry: $0.01075 – $0.01085
Target 1: $0.01120
Target 2: $0.01175
Stop Loss: $0.01040
Why Long?
The chart shows strong upside momentum followed by a healthy pullback and a tight range, indicating bullish consolidation. If buyers push above $0.01090 with volume, a fresh breakout toward higher resistance levels is likely. Current structure favors upside unless support breaks.
Risk Management Tip:
Use tight SLs and trail profits above $0.011 to lock in gains if breakout occurs.
Don’t miss the opportunity — PENGU looks primed for a bullish push!
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!