$PENGU /USDT Technical Analysis – Long Setup

Current Price: $0.012119 (+2.63%)

24h Range: $0.011666 – $0.012299

24h Volume: 9.51M USDT

Short-Term View (15m – 1h)

Price is showing mild bullish momentum, attempting to hold above $0.0120 support.

Immediate resistance is around $0.0123 – $0.0125. A clear break above $0.0125 could trigger more buying.

Support levels to watch for stop-loss placement: $0.0119 and $0.0118.

Trading Strategy (Long Bias)

Entry Zone: $0.0120 – $0.0121

Targets:

T1: $0.0125 (first resistance)

T2: $0.01297 – $0.0131 (next major resistance / short-term ATH)

T3: $0.0135 (all-time high / breakout zone)

Stop-Loss: $0.0118 (below key support)

Outlook: