$PENGU is showing resilience despite some selling pressure, and the overall structure still leans bullish. The price continues to form higher lows, which is a strong sign that buyers are gradually gaining control and supporting the trend.
Even with small rejections, the market is holding steady — this kind of behavior often appears before a continuation move. If momentum keeps building, a breakout toward higher levels becomes more likely.
Trade Plan (Long):
Entry: $0.0087 – $0.0090
Stop Loss: $0.0082
Take Profit:
• $0.0095
• $0.0102
• $0.0110
As long as price holds above the support zone and maintains the higher low structure, the bullish setup remains valid. A clean push above recent resistance could accelerate the move upward.
PENGUUSDT
Perp
0.009467
+10.60%