$PENGU Bullish Breakout Watch !
A long liquidation ($1.18K at $0.01186) has flushed weak leverage, often resetting the structure for a stronger upside attempt. Price is stabilizing near demand, hinting at a potential bullish expansion.
Key Levels
Support: $0.0112 – $0.0116
Breakout Zone: $0.0122 – $0.0125
Resistance: $0.0134 / $0.0148
Trade Setup (Long)
Entry: Break & hold above $0.0125 or dip buy near $0.0116
Targets: $0.0134 → $0.0148 → $0.0165
Stop Loss: Below $0.0109
Market Sentiment Liquidity reset complete, downside pressure easing. A confirmed breakout could invite momentum buyers and accelerate the move.
Wait for confirmation. Trade with discipline.
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PENGU
0.00633
-2.20%