$PENG USDT
Market structure on the chart displays a decisive impulsive advance after a period of range-bound trading in the mid-60s. Price accelerated higher on expanding volume, breaking prior resistance and reaching a 24-hour high of $76.41 before settling into a controlled pullback near $73.55. The sequence of higher lows leading into the vertical leg confirms a shift in control to the buy side, with the current consolidation occurring well above the breakout origin.
EP: $72.80 – $73.80
TP1: $76.50
TP2: $79.00
TP3: $82.50
SL: $70.50
Current trend strength is firmly bullish on the short-term timeframe, with the recent impulse establishing clear higher highs and higher lows after the base break. Momentum and structure bias remain positive as price holds above the key support formed during the advance and continues to respect the ascending structure. Price is likely to move toward the listed targets because the order flow shows sustained participation on the upside with limited overhead supply until the next extension levels, allowing the measured continuation to unfold from this digestion phase.
$PENG USDT
Market structure on the chart displays a decisive impulsive advance after a period of range-bound trading in the mid-60s. Price accelerated higher on expanding volume, breaking prior resistance and reaching a 24-hour high of $76.41 before settling into a controlled pullback near $73.55. The sequence of higher lows leading into the vertical leg confirms a shift in control to the buy side, with the current consolidation occurring well above the breakout origin.
EP: $72.80 – $73.80
TP1: $76.50
TP2: $79.00
TP3: $82.50
SL: $70.50
Current trend strength is firmly bullish on the short-term timeframe, with the recent impulse establishing clear higher highs and higher lows after the base break. Momentum and structure bias remain positive as price holds above the key support formed during the advance and continues to respect the ascending structure. Price is likely to move toward the listed targets because the order flow shows sustained participation on the upside with limited overhead supply until the next extension levels, allowing the measured continuation to unfold from this digestion phase.
$PENG USDT
