$PENGU / USDT – Bullish Breakout Setup
A long liquidation at $0.01002 ($2.34K) has cleared weak hands, often acting as a healthy reset before bullish momentum resumes.
Key Levels
Support: $0.0100 – $0.0096
Breakout Zone: $0.0105 – $0.0109
Resistance: $0.0116 – $0.0124
Trade Setup (Long Bias)
Entry: Hold above $0.0100, or confirmed break & acceptance over $0.0109
Targets:
TP1: $0.0116
TP2: $0.0124
TP3: $0.0135
Stop Loss: Below $0.0094
Market Sentiment
Liquidation sweep reduced sell pressure and refreshed positioning. Sustained strength above the breakout zone favors bullish continuation toward higher liquidity levels.
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PENGU
0.006922
+5.24%