$PENGU is prepared for a bounce!

Price is still moving inside the rising channel and just touched the lower support line.

As long as it stays above the $0.0128–$0.0132 zone, we could see a bounce toward the top of the channel near $0.018.

This setup offers a good risk-reward.

Entry: $0.0130

Stop-loss: $0.0119

DYOR, NFA

#cryptocurrencies