🚀 $PENGU Long Setup Alert, Bull Analysis
$PENGU /USDT shows a steady pullback from the 0.0126 swing high and is now compressing near the 24h low support. With buyers defending the 0.01166 area, a relief bounce toward the mid-range resistances looks probable.
📊 Market Snapshot
Timeframe Analyzed: 1h
Current Price: 0.011769
24h High: 0.012628
24h Low: 0.011665
Volume: 1.69B PENGU
📌 Key Levels to Watch
Support: 0.011665, 0.011616, 0.011500, 0.011300
Resistance: 0.011829, 0.012041, 0.012252
🎯 Trade Setup
Entry Zone: 0.01165 to 0.01182
TP1: 0.011829
TP2: 0.012041
TP3: 0.012252
SL: 0.01155
⚠️ Invalidation
Setup invalid if price breaks 0.011616 and closes below it on 1h (support failure).
✨ Summary
Bounce-from-support setup. As long as price holds above 0.011616, the path toward 0.011829 → 0.012041 → 0.012252 remains in play. Watch for a sweep-and-reclaim of 0.011665 or a clean break and retest above 0.011829 with volume expansion.
