$PENGU USDT – PARABOLIC SPIKE, NOW COOLING ABOVE KEY LEVEL
+20% SURGE TO 0.0466 HIGH
REJECTION FOLLOWED BY HEALTHY CONSOLIDATION
$PENGU pumped from $0.0358 to $0.046608 before facing minor resistance. Now trading at $0.043647, the price is consolidating while holding above previous breakout structure. The trend remains bullish with Parabolic SAR still trailing far below current price, supporting continuation bias.
Trade Setup:
• Long Entry: $0.0432 – $0.0437
• Target 1: $0.0455
• Target 2: $0.0472
• Stop Loss: $0.0415
Momentum remains strong, and if bulls defend the $0.0425 zone, another leg up may follow. Watch for bullish engulfing candle near the entry range to confirm.
PENGU’s trend is intact — dips still offer opportunity.
