You’re looking to go long on $PENGU because the setup looks solid. Price is holding above a key support level and hasn’t broken down, which is a positive sign on the weekly chart.

After a strong upward move followed by a pullback, price is stabilizing and forming a base. This looks like accumulation (buyers building positions) rather than distribution (sellers exiting).

As long as this support holds, the structure favors a higher low and continued upward movement into 2026. If price reclaims the mid-range cleanly, momentum could pick up toward previous highs and beyond.

Trade Setup:

• Entry Zone: 0.0115 – 0.0130

• Targets: 0.020 / 0.030 / 0.040

• Stop-Loss (Invalidation): below 0.0098

In short: support is holding, buyers are active, and this could set up a strong continuation if the level stays intact.

PENGU
PENGU
0.012091
-1.18%

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