$PENGU is trading at $0.027207, showing consolidation near its recent highs of $0.028746. The price action suggests potential for a breakout if it pushes past key resistance or a pullback if support is broken.
Trade Setup:
Long Setup:
Entry: Above $0.028800 (Breakout confirmation)
Stop Loss (SL): $0.027200
Take Profit 1 (TP1): $0.030000
Take Profit 2 (TP2): $0.031500
Short Setup:
Entry: Below $0.026800 (Breakdown confirmation)
Stop Loss (SL): $0.027500
Take Profit 1 (TP1): $0.025500
Take Profit 2 (TP2): $0.024500
Technical Outlook:
$PENGU is consolidating with increased volume, indicating the possibility of a breakout. A move above $0.
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