🐧🔥 Are the Penguins ready for a major bounce? Look at $PENGU
!
📍 Entry Price: $0.00945 - $0.00955
🎯 TP 1: $0.00980
🎯 TP 2: $0.01015
🎯 TP 3: $0.01045
🛑 Stop Loss: $0.00925
💡 Reason: The chart shows a sharp impulsive drop following a local high rejection, but price has now stabilized right near key 24-hour support around the $0.00946 low. Volume is cooling off after a spike, suggesting the selling pressure is exhausting and setting up a potential relief bounce back toward the moving average (MA60) resistance zone.
!
📍 Entry Price: $0.00945 - $0.00955
🎯 TP 1: $0.00980
🎯 TP 2: $0.01015
🎯 TP 3: $0.01045
🛑 Stop Loss: $0.00925
💡 Reason: The chart shows a sharp impulsive drop following a local high rejection, but price has now stabilized right near key 24-hour support around the $0.00946 low. Volume is cooling off after a spike, suggesting the selling pressure is exhausting and setting up a potential relief bounce back toward the moving average (MA60) resistance zone.
