#Pengu short term Power!

📊 Key Levels and Technical Structures

Resistance:

Strong resistance is visible around $0.0150–$0.0155 – repeatedly tested but not yet broken (cryptonews.net, coinpedia.org).

The next potential target after a breakout is $0.017–$0.0175, and possibly $0.020–$0.026 in a strong trend scenario (ainvest.com).

Support:

Initial support lies at $0.0130–$0.0136, confirmed by the 0.236 Fibonacci level and the current trend.

Deeper support: $0.010–$0.0094, and if a breakdown occurs, $0.0080–$0.0085 could follow (ainvest.com).

🔍 Market Behavior & Sentiment

Current consolidation in an ascending triangle pattern near $0.015 – typically suggests a breakout (ainvest.com).

Rising RSI (around 70–78) indicates strong buying pressure but also warns of a possible correction.

Strong volume: whales are accumulating heavily (over 200 million tokens in 24h).

Momentum is confirmed by breakouts above MA 7, 25, and 99-period averages (binance.com).

🎯 Short-Term Scenario Outlook

1. Bullish Breakout

If PENGU breaks and closes a daily candle above ~$0.0150, it may move toward $0.017–$0.0175, and even $0.020+ if the trend continues.

Target levels on breakout: $0.0175, $0.020, with potential extension to $0.026–$0.033 under sustained volume.

2. Correction / Retest

A rejection at the ~$0.015 level could pull the price down to support around $0.0130–$0.0136. A breakdown of this zone may push it lower to $0.010–$0.0094.

High RSI signals potential for consolidation before the next leg up.

📝 Investment Recommendations (Short-Term)

On Breakout – Buy around $0.014–$0.0145, with a stop-loss set at $0.0128–$0.0130.

On Correction – Monitor for a dip into the $0.013–$0.0136 range for a better entry point.

Profit-taking: If a breakout occurs – partial take profit near $0.0175–$0.018, with further targets at $0.020–$0.026.

Risk management: Avoid high leverage, use tight SL – if the price drops below $0.013, a move toward ~$0.010 is likely.