$PENGU /USDT – Consolidation with Bearish Pressure
Entry Zone: $0.0350 - $0.0355
Targets: $0.0360 / $0.0375 / $0.0390
Stop Loss: Below $0.0345
Market Insights:
PENGU is consolidating near $0.0355 after a recent pullback of -3.03%. The price is holding support at $0.0345, but failure to sustain above $0.0350 could result in further downside. Bullish recovery potential exists if the price breaks above $0.0360.
Next Move:
Watch for price action around $0.0350. Traders can consider positions near support with tight stop-losses. A breakout above $0.0360 may signal a move toward the recent highs.
