$PENGU
USDT BULLISH REVERSAL – BUYERS SHOWING EARLY CONTROL
$PENGU is showing signs of a potential bullish reversal after forming a rounded bottom on the 1H timeframe. Buyers are stepping in to push above immediate resistance, indicating momentum build-up for an upside continuation.
🔹 Key Levels
Support: 0.009200
Resistance: 0.009800
Current Price: 0.009620
📈 Trade Setup (LONG)
Entry Zone: 0.009600 – 0.009640
Take Profit 1: 0.009800
Take Profit 2: 0.009950
Stop Loss: 0.009400
💡 Market Outlook The overall structure suggests a shift in trend direction from bearish to bullish with strong buying wicks emerging from the recent lows. Momentum confirmation above 0.009800 will strengthen the continuation towards higher targets.
⚠️ Risk Management Risk only 1-2% per trade. Exit trade if price closes below stop loss level to protect capital.
#CryptoTrading #PENGU #BinanceAnalysis #Altcoins #TradeSetup
buy and trade here on the $PENGU