$PENGU is coiled in a tight range – the squeeze is primed to explode! 🚀

LONG $PENGU/USDT NOW! Forecast + Trade Setup Inside

Current price hovering around 0.0126 USDT after a minor pullback (-2.68% in 24h), but the chart screams breakout potential.

On the 4H timeframe: range-bound overall on daily, yet the setup is clearly LONG-biased with price bouncing from key support.

Key reasons this LONG looks strong:

RSI on 15m neutral at ~48-49 → plenty of room to run before overbought territory.

Tight entry zone (0.012555 – 0.012658) with low-risk SL placement.

MAs curling bullish: MA7 above MA25/MA99 in recent action, hinting at momentum shift.

Volume showing signs of accumulation – squeeze about to pop!

Trade Plan (Perp Futures – High Conviction LONG)

Risk: 6/10 (manageable with tight stops)

Entry: 0.01255 – 0.01266

Take Profit 1: 0.01292 (+2.5% quick scalp)

Take Profit 2: 0.01303

Take Profit 3: 0.01324 (strong resistance zone)

Stop Loss: 0.01223 (below recent low – invalidation if broken)

This offers asymmetric reward:risk with first target delivering solid gains fast. Momentum building – don't miss the pop!

DYOR & trade responsibly. Position size wisely! 💥

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