hey fam
$PENGU has shown a clean impulsive move followed by a controlled pullback within an ascending channel. This type of correction is constructive, not weak. Buyers are still defending higher lows, and as long as price holds above channel support, continuation remains the higher-probability scenario. The recent rejection near the local high suggests short-term cooling, which often creates better re-entry zones for disciplined traders.
Trade Setup: Long
Entry Zone: 0.01200 – 0.01220
Target 1: 0.01260
Target 2: 0.01300
Target 3: 0.01350
Stop-Loss: 0.01160
Trade with calm, manage risk properly, and let the chart do the work. Consistency is built by respecting structure, not emotions.
PENGU
0.012015
+0.94%