$PENGU /USDT Update – Consolidation After Rally
Price Action: $PENGU/USDT is trading at $0.035483 (+9.83%), correcting after a 24h high of $0.039488.
Entry Suggestion:
Long Entry: Near $0.0350 on support confirmation.
Short Entry: Below $0.0345 if selling pressure intensifies.
Targets:
Long Targets: $0.0370 | $0.0390
Short Targets: $0.0330 | $0.0320
Stop Loss:
Long: Below $0.0340
Short: Above $0.0360
Outlook:
$PENGU is consolidating near MA(7) and MA(25). A breakout above $0.0370 could lead to bullish continuation, while failure to hold support may trigger a deeper pullback. Monitor closely for volume confirmation.
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