Key Highlights:
- 25% Intraday Rally: $PENGU USDT surged 25% from $0.03050 to $0.03932, showcasing strong bullish momentum.
- EMA Stacking: Price remains above key EMAs (7/25/99), confirming trend strength.
- Consolidation Phase: Current consolidation below $0.03932 suggests potential continuation.
Trading Strategy:
- Long Entry: Consider entering long on a breakout above $0.03935.
- Targets: $0.04100 and $0.04250.
- Stop Loss: Set at $0.03780.
Outlook:
A clean break above $0.03932 could trigger another explosive leg. Monitor volume for confirmation. With strong bullish momentum, $PENGU USDT is poised for further gains.
