$PENGU /USDT: Bullish Momentum Heating Up

$PENGU /USDT has seen a robust 16.08% increase in the last 24 hours, currently trading at $0.035027 after reaching a high of $0.035861. This surge comes on the back of strong buying interest, as the token rebounded from a low of $0.029600, displaying consistent upward momentum. The breakout above $0.033878 confirms bullish sentiment, with traders eyeing further highs as the volume continues to pour in.

The market structure suggests strong upward momentum, though minor retracements could occur as the price approaches its next resistance. Watch for a sustained move above $0.035861 to signal further upside potential.

---

Trade Setup:

Targets:

1. $0.036500 (short-term)

2. $0.038000 (mid-term)

3. $0.040000 (extended)

Stop Loss: $0.033000

Traders should be vigilant as $PENGU consolidates near its highs, with a potential breakout paving the way for further gains. Keep risk management tight as volatility increases.