$PENGU USDT – STRONG BOUNCE FROM 99-MA! CONSOLIDATING FOR NEXT MOVE
REJECTION AT $0.0168 FOLLOWED BY SHARP PULLBACK
SUPPORT FOUND AT 99-MA AND $0.01365 LOW
$PENGU spiked to $0.0168 before correcting sharply. It found solid support at the 99-MA and bounced from $0.013654, now consolidating just under the 25-MA. The short-term trend remains bullish while price holds above the 99-MA.
LONG Trade Setup:
Entry: $0.01470
Targets: $0.01550 / $0.01670
Stop Loss: $0.01400
If buyers defend this base, a retest of the $0.0168 high is likely. Watch for breakout volume above $0.0155.
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