$PENGU /USDT – Long Trade Setup
Current Price: $0.035808
Support Level: $0.033500
Resistance Level: $0.038200
Trade Targets:
• TP1: $0.037200
• TP2: $0.039500
• TP3: $0.042800
Stop Loss: $0.032800
$PENGU is showing signs of strength after bouncing from the $0.0335 support zone. The current price at $0.035808 offers a favorable entry with low downside risk and solid upside potential. A break above the $0.0382 resistance could trigger a move toward higher targets at $0.0372, $0.0395, and $0.0428. This setup aligns with recent bullish momentum in the altcoin market. Use a stop loss at $0.0328 to protect capital in case the support fails. As always, watch for confirmation via increased volume and bullish candle closes. Ideal for swing traders looking for short-term gains in a trending environment.
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