PENGU Breakout Alert: Eyes on 36% Surge to 0.040Hello✌
Let’s analyze PENGU’s upcoming price potential 📈.
BINANCE:PENGUUSDT has broken below its descending channel and quickly shifted into a bullish trend, supported by a noticeable increase in volume 📈. With this breakout structure in place, I’m expecting at least another 36% upside, with the m
Pudgy Penguins (PENGU): We Might Go For Correction | Be CarefulPengu has had a good rally to upper zones, where we are almost near ATH, but this upward movement left behind 2 big bearish CME gaps, which we might be filling if we see one proper MSB to form.
So that's what we are looking for, a proper MSB, which would give us a good opportunity for short here!
PENGU still has room!?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
The move off the low looked like a clean, completed impulse—sharp, decisive, and well-structured. After that, we got a double zigzag retracement. It ran a bit deep
Penguusdt Buy opportunityPENGUUSDT is exhibiting a potential bullish pennant formation, with price making a strong breakout from the consolidation zone.
It recently found resistance near the top of the pennant pole around the $0.0176 level, which aligns with the Immediate Internal Resistance Level (IIRL).
The current plan
$PENGU Taking a Breather? CSECY:PENGU Taking a Breather? Wave 4 May Be Brewing
After a strong move, CSECY:PENGU looks like it might be pausing for breath. The recent action suggests we may have just wrapped up a small-degree Wave 3, with price now struggling to clear a key resistance level from earlier in the structure.
#PENGUUSDT #2h (ByBit) Broadening wedge breakdownPudgy Penguins printed an evening star then lost 50MA, seems to be heading towards 200MA support next.
⚡️⚡️ #PENGU/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (2.5X)
Amount: 5.0%
Entry Targets:
1) 0.030830
Take-Profit Targets:
1) 0.021034
Stop Targets:
1) 0.03
PENGU | Time for a PullbackPENGU has experienced a parabolic rally, but the technical setup suggests a pullback is imminent. The RSI is approaching overbought territory, indicating exhausted bullish momentum. I think it will go way higher in the long term but now it's time for a pause.
Key Technical Observations:
Price has
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Neutral
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Neutral
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Neutral
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Strong sellStrong buy
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Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.