$PENGU is trading at $0.031831, demonstrating a 15.60% gain and strong upward momentum. The price is approaching its 24-hour high of $0.032380, indicating potential for a breakout if buying pressure persists.



Trade Setup:

Long Setup:

Entry: Above $0.032500 (Breakout confirmation)

Stop Loss (SL): $0.030000

Take Profit 1 (TP1): $0.035000

Take Profit 2 (TP2): $0.038000

Short Setup:

Entry: Below $0.030000 (Breakdown confirmation)

Stop Loss (SL): $0.031500

Take Profit 1 (TP1): $0.028000

Take Profit 2 (TP2): $0.026500

Technical Outlook:

$PENGU is exhibiting bullish momentum, supported by increased volume. A breakout above $0.032500 could target $0.038000, while a failure to hold above $0.030000 might lead to a pullback toward lower support levels.

Traders should monitor volume and price action closely for confirmation and implement tight stop-loss levels to manage risk effectively.

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