$PENGU +91% From Our Entry | Is The Next Move A 10X Rally?
#PENGU Is Currently Trading Around $0.01117, Up ~90% From Our Entry Zone. Hope You’re Enjoying The Move So Far.
But The Bigger Setup May Be Just Starting.
The Major Descending HTF Resistance/Trendline Is Now Being Tested For A Breakout. A Clean Break + Retest Could Completely Change The Higher-Timeframe Market Structure.
Technical Structure:
✅ Macro High: ~$0.047–$0.048 | Macro Drawdown: ~89%
✅ Major Support: ~$0.0055 | Breakout Confirmed: ~$0.0090
✅ Current Gain From Entry Zone: ~90%
If PENGU Successfully Confirms This HTF Trendline Breakout, The Next Major Upside Targets Could Be:
Targets: $0.015/$0.028/$0.043/$0.060
A Move Toward $0.060 Would Represent Roughly 10X From Our Entry Zone.
The Key Now Is Confirmation.
I Don’t Want To Chase A Candle. I Want To See A Clean Break, Acceptance And Retest Above The Major HTF Resistance.
If That Happens, PENGU Could Enter A Much Larger Expansion Phase.
Invalidation Remains A Sustained Loss Of The ~$0.0055 HTF Support.
TA Only. Not Financial Advice. ALWAYS DYOR.
@Pudgy Penguins
#PENGU Is Currently Trading Around $0.01117, Up ~90% From Our Entry Zone. Hope You’re Enjoying The Move So Far.
But The Bigger Setup May Be Just Starting.
The Major Descending HTF Resistance/Trendline Is Now Being Tested For A Breakout. A Clean Break + Retest Could Completely Change The Higher-Timeframe Market Structure.
Technical Structure:
✅ Macro High: ~$0.047–$0.048 | Macro Drawdown: ~89%
✅ Major Support: ~$0.0055 | Breakout Confirmed: ~$0.0090
✅ Current Gain From Entry Zone: ~90%
If PENGU Successfully Confirms This HTF Trendline Breakout, The Next Major Upside Targets Could Be:
Targets: $0.015/$0.028/$0.043/$0.060
A Move Toward $0.060 Would Represent Roughly 10X From Our Entry Zone.
The Key Now Is Confirmation.
I Don’t Want To Chase A Candle. I Want To See A Clean Break, Acceptance And Retest Above The Major HTF Resistance.
If That Happens, PENGU Could Enter A Much Larger Expansion Phase.
Invalidation Remains A Sustained Loss Of The ~$0.0055 HTF Support.
TA Only. Not Financial Advice. ALWAYS DYOR.
@Pudgy Penguins
