$PENGU Bulls Eyeing Further Upside – Breakout Momentum Building

$P$PENGU trading at $0.03427 on the 3-minute chart, showing a series of sharp upward movements. The chart indicates a clear ascending channel, suggesting bullish momentum is gathering strength.

Trade Setup:

Long Entry: Above $0.03450, targeting $0.03600 and $0.03800.
Short Entry: Below $0.03350, aiming for $0.03250 and $0.03100.
Stop Loss: Place a stop loss at $0.03380 to manage risk effectively.

Market Insight:

$PENGU has formed multiple upward channels, reflecting consistent buyer interest. If price holds above the current channel, a breakout towards $0.03600 could be confirmed, signaling strong bullish momentum.

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