$PENGU /USDT Current price is showing strong bullish activity with a +2% move in the last 24 hours. After a clean bounce from 0.0097, price printed a sharp impulsive candle, signaling fresh demand entering the market.
On the 1H timeframe, bullish candles and expansion show momentum building, not just noise.
Market Structure Insight
Strong rejection from 0.0097 (local support)
Break and hold above 0.0100 psychological level
Volume expansion confirms this is not a fake move
As long as price holds above the breakout zone, bulls remain in control
Trade Setup (Educational View)
• Entry Zone: 0.0100 – 0.01015
• Target 1 🎯: 0.01042 (recent high / partial profit)
• Target 2 🎯: 0.01080 (short-term extension)
• Target 3 🎯: 0.01150 (momentum continuation)
• Stop Loss: 0.00970 (structure invalidation)
What to Watch
If 0.01042 is taken out with strong volume, price can expand aggressively, opening the door for a larger rally. Patience and discipline are key—let the chart confirm, don’t chase.
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