$PENGU /USDT Trading Signal – Testing Resistance Levels!
Entry Range: $0.04250 – $0.04300 (ideal for long positions with a retracement near support)
Stop Loss: $0.04120 (to manage downside risk below key support)
Targets:
1. $0.04400 – Immediate resistance level for a potential rebound
2. $0.04500 – Mid-range breakout target
3. $0.04650 – Extended target with sustained bullish momentum
Observation: $PENGU /USDT rallied by 5.42%, hitting a high of $0.044478 before a pullback. The current consolidation near $0.04280 could pave the way for a move higher if buying pressure persists. Monitor volume for confirmation.