$PENGU /USDT Trade Signal: Consolidation Breakout
Entry Zone: $0.03500 - $0.03600
Target 1 (TP1): $0.03750
Target 2 (TP2): $0.03900
Target 3 (TP3): $0.04100
Stop Loss (SL): $0.03400
Analysis:
PENGU/USDT is forming a consolidation pattern, with potential for an upward breakout.
A breakout above $0.03600 could indicate strong buyer momentum.
Suitable for short-term traders aiming for quick gains.
Trade Management:
Secure partial profits at TP1 to reduce risk.
Move SL to breakeven after hitting TP1.
Watch for volume confirmation to sustain the uptrend.