$PENGU USDT: BULLISH BUILD-UP ABOVE KEY MAs š¢
$PENGU has pushed up +7.12%, holding strong at $0.012097 after reclaiming the 25 EMA ($0.010796) and 99 EMA ($0.010891) on the 4H chart. The price is forming higher lows and trading above the 7 EMA ($0.011831), signaling bullish momentum with clean volume support.
The breakout above the previous high of $0.012539 remains a short-term resistance, but the current consolidation just under it may hint at another leg up if bulls sustain control.
š Trade Setup (LONG Idea):
ā¢ Entry Zone: $0.01200 ā $0.01210
ā¢ Take Profit 1: $0.01254
ā¢ Take Profit 2: $0.01290
ā¢ Take Profit 3: $0.01340
ā¢ Stop Loss: $0.01130
Key Technicals:
āļø Price above all major MAs
āļø 7 EMA crossing above 25 EMA ā short-term trend bullish
āļø High volume breakout and healthy pullback
Watch for volume confirmation and price holding above $0.01190 to validate bullish continuation. Break of $0.01254 could trigger a quick rally.
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