$PENGU /USDT BULLISH BREAKOUT SETUP WITH CONTINUATION POTENTIAL

PENGU/USDT is showing strong upward momentum on the 1D timeframe after a clean breakout from the consolidation zone near the 0.0080 region. The structure indicates higher highs and higher lows, confirming bullish market sentiment. Volume expansion supports the move, suggesting active buyer participation and strength behind the trend.

A minor resistance is visible around the 0.0088–0.0089 zone, but sustained buying pressure could lead to a breakout above this level. The support base has shifted upward, forming a solid demand zone near 0.0084–0.0081.

Trade Setup (Long Position):

Entry: 0.0085 – 0.0086

Target 1: 0.0089

Target 2: 0.0093

Target 3: 0.0098

Stop Loss: 0.0080

Risk Management:

Use low leverage and risk only 1–2% of total capital per trade. Adjust stop loss to breakeven after hitting the first target to secure profits and minimize downside risk.

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