$PENGU /USDT – BULLISH CONSOLIDATION AHEAD OF POTENTIAL BREAKOUT!
$PENGU /USDT is gaining strength, up +6.26%, showing signs of bullish consolidation above key intraday support. Despite short-term corrections over the past 30 days (-13.48%), today’s action reflects renewed buying interest near major volume zones.
🔍 Current Price: $0.010333 (+6.26%)
📈 24h High: $0.010590
📉 24h Low: $0.009565
📊 24h Volume: 1.62B PENGU / 16.50M USDT
🔑 Key Levels:
Resistance:
$0.01060 – Immediate resistance
$0.01120 – Key breakout target from previous highs
Support:
$0.01010 – Short-term support
$0.00956 – Major 24h bounce level
🟢 Trade Setup – LONG Opportunity
Entry Zone: $0.01020 – $0.01035
Take Profit (TP):
TP1: $0.01060
TP2: $0.01090
TP3: $0.01120
Stop Loss (SL): $0.00985
📊 Market Outlook:
PENGU appears to be in a bullish recovery phase, with price holding above $0.01000 and volume surging. If it breaks and closes above $0.01060, expect a continuation toward the $0.011+ range. Long-term sentiment still leans negative (-72.91% YoY), so entries should be tactical.
⚠️ Risk Management Tip:
Only risk 1–2% per trade. Use SL strictly and avoid entering during heavy pump candles. Look for consolidation or bullish retest near support.
