$PENGU /USDT BULLISH BREAKOUT SETUP š„š§ | TECHNICAL ANALYSIS & TRADE PLAN
š Current Price: $0.010113
š 24H Gain: +7.20%
š MARKET SENTIMENT: BULLISH SHIFT WITH STRONG VOLUME
$PENGU is showing signs of a bullish breakout after bouncing off the key support zone with rising volume (1.74B PENGU traded). Buy momentum dominates at 69.60%, hinting at further upside.
š KEY TECHNICAL LEVELS:
š¼ Resistance:
$0.010415 ā short-term resistance
$0.010750 ā breakout confirmation
š½ Support:
$0.009997 ā local support
$0.009526 ā strong demand zone
š„ TRADE SETUP: LONG POSITION
šÆ Entry Zone: $0.01010 ā $0.01020
š Stop Loss (SL): $0.00950 (below strong support)
šÆ Targets (TP):
TP1: $0.01075
TP2: $0.01120
TP3: $0.01200 (extension target)
š” RISK MANAGEMENT TIP:
Keep risk per trade between 1ā2%, use SL strictly, and adjust TP levels as price action evolves. ā Let profits run, but protect your capital!
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