#PENGU is showing signs of strength after breaking out of the falling wedge and reclaiming the support zone.
🔹 Breakout from wedge confirmed
🔹 Holding above 200 EMA – a sign of strength
🔹 Clean bounce from support zone with rising volume
🎯 Target: $0.0156
🛑 Stop-loss: $0.0110 (below wedge & support)
Structure looks bullish, but wait for a proper retest or follow-through candle before entry.
SL is a must. Let the setup come to you.
🔹 Breakout from wedge confirmed
🔹 Holding above 200 EMA – a sign of strength
🔹 Clean bounce from support zone with rising volume
🎯 Target: $0.0156
🛑 Stop-loss: $0.0110 (below wedge & support)
Structure looks bullish, but wait for a proper retest or follow-through candle before entry.
SL is a must. Let the setup come to you.
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