Hello Traders,
Today, let’s analyze PENGU on the daily timeframe.
PENGU is currently forming a falling wedge pattern, which is typically a bullish setup. However, this will only be confirmed if we see a breakout above both the 50 EMA and the resistance trendline. PENGU has proven to be a profitable meme coin for many traders, and so far, the price action looks promising.
Strategy:
~ Long Entry: $0.0108 (after breakout confirmation)
~ Target: $0.015 – $0.017
~ Holding Period: Q3 2025
~ Trade Type: Spot / 2–3x Leverage
Note: Always conduct your own research and analysis before investing.
Today, let’s analyze PENGU on the daily timeframe.
PENGU is currently forming a falling wedge pattern, which is typically a bullish setup. However, this will only be confirmed if we see a breakout above both the 50 EMA and the resistance trendline. PENGU has proven to be a profitable meme coin for many traders, and so far, the price action looks promising.
Strategy:
~ Long Entry: $0.0108 (after breakout confirmation)
~ Target: $0.015 – $0.017
~ Holding Period: Q3 2025
~ Trade Type: Spot / 2–3x Leverage
Note: Always conduct your own research and analysis before investing.
Trade closed: target reached
PENGU Profit Update:
We have successfully reached all targets on PENGU.
Congratulations to all.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.