$PENGU /USDT BULLISH CONTINUATION SETUP
The chart shows a strong recovery from the demand zone near the recent swing low, followed by higher lows and steady volume expansion, indicating buyers are regaining control. Price has reclaimed key short-term structure and is compressing below a resistance cluster, suggesting a potential upside breakout if momentum sustains. As long as the price holds above the demand zone, the bullish bias remains intact.
LONG SETUP
Entry: Break-and-hold above the local resistance zone
TP1: 0.01219
TP2: 0.01380
TP3: 0.01540
SL: Below 0.01058 (structure invalidation)
RISK MANAGEMENT Risk only a small portion of capital per trade, use a fixed stop-loss, and secure partial profits at each target to reduce exposure and protect gains.
