$PENGU /USDT GEARING UP FOR A BREAKOUT – CONSOLIDATION PATTERN FORMING A STRONG BASE
$PENGU/USDT has entered a healthy consolidation phase following its recent upward surge, with the price maintaining support and printing higher lows – a classic bullish signal. Technical indicators are beginning to lean positive again, pointing to potential strength building under the surface. A breakout above nearby resistance could trigger the next impulsive leg higher.
Trade Setup:
📥 Entry (Long): $0.046 – $0.048
🎯 Targets (TP): $0.052 / $0.056 / $0.060
🛑 Stop Loss (SL): $0.043
Market Outlook:
PENGU continues to show signs of strength within a broader uptrend. As long as key support zones are respected, this consolidation may serve as a launchpad for the next move up. Bulls are watching closely for a breakout confirmation to re-enter or add to positions.
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#PENGU #CryptoCharts #BullishSetup #AltcoinSeason #TechnicalAnalysis