$PENGU USDT
PENGU is trading around $0.006491 after falling roughly 3.4%. I’m not looking to catch the falling momentum blindly. First, I want to see whether buyers can establish a base.
The $0.0063–$0.0064 area is where I’d watch for demand. If price reclaims $0.0067, the short-term picture could improve. A breakdown below $0.0063 would keep sellers in control.
Support: $0.0063–$0.0064
Resistance: $0.0067–$0.0069
Entry: Long only after a confirmed reclaim above $0.0069.
Stop Loss: $0.0061
Target 1: $0.0072
Target 2: $0.0076
Target 3: $0.0080
For now, patience is my trade. I’d rather enter after reversal confirmation than guess the bottom.
This is my personal market view, not financial advice.
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