$PENGU
USDT BULLISH BREAKOUT – 🚀🔥 READY FOR THE NEXT LEG UP?
$PENGUUSDT is showing an impressive bullish breakout with strong momentum on the hourly chart. Buyers are dominating, pushing the price to new highs, indicating the potential for continuation if volume sustains.
🔑 Key Levels:
Resistance: $0.01378 (24h high), next psychological resistance near $0.01500
Support: $0.01200 (recent consolidation zone)
Current Price: $0.013319
⚡ Trade Setup (Long):
Entry Zone: $0.01320 – $0.01335 (wait for slight pullback if missed)
Take Profits:
TP1: $0.01378
TP2: $0.01450
TP3: $0.01500
Stop Loss: $0.01280
📊 Market Outlook:
The market structure is strongly bullish with higher highs and higher lows forming continuously. Momentum remains intact with minimal bearish rejections, suggesting further upside potential as long as the price holds above the support level.
🛡️ Risk Management:
Only trade setups with proper confirmation. Maintain disciplined risk management by risking no more than 1-2% of your capital on this setup to preserve equity during market volatility.
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👉 Add this to your watchlist and manage your entries wisely to ride the momentum efficiently.
buy and trade here on $PENGU