pudgy

$PENGU gained more than 53% in less than two weeks, now moving right into the area previously blocked three times

On 18/09, $PENGU was around $0.00726. Three consecutive pumping sessions pushed the price to a peak of $0.01116 on 23/09, up more than 53% in just five days.

The strongest pumping session, on 23/09, had volume of nearly $40 million—almost four times the volume of the first session in the rally sequence.

After that, the price pulled back and is now trading at $0.01027, just below the $0.01037 zone—where it had blocked the upward momentum three times on the 4-hour chart. Below that is the $0.00951 zone, which has supported the price four times.

Both BTC and ETH today have only moved slightly, so most of $PENGU ’s increase comes from this coin itself—not from the broader market effect.

Breaking above $0.01037 with volume would confirm the continuation of the uptrend. Losing the $0.00951 zone would mean the rebound momentum is essentially stalled.

Personal observation only, not investment advice

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$PENGU PENGU is showing strong momentum and holding up well even with signs of a market correction. If the strength continues, there could be more upside ahead.

Long setup.

Entry: $0.0105 - $0.0108
TP: $0.0112 - $0.0116 - $0.012 - $0.014 - $0.016
SL: $0.00955
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$PENGU is showing strong momentum and is breaking out. If the move continues, PENGU could soon drop another zero.

Long setup:

Entry: $0.0094 - $0.0096
TP: $0.010 - $0.0105 - $0.011 - $0.012 - $0.014 - $0.016
SL: $0.0086
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PENGU Suggestion: Long Position
Buy: $0.008598–$0.008861
Stop Loss: $0.008334
Analysis: Bullish consolidation, clear support
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