PENGUUSDT Forming Falling WedgePENGUUSDT is currently showing a textbook falling wedge pattern on the daily chart, which is a bullish technical setup often signaling a trend reversal. The price has been compressing within downward-sloping resistance and support lines, and with the wedge tightening, a breakout is becoming more lik
$PENGU Breakout Alert!After days of tight consolidation, PENGU has finally broken out of the falling wedge structure.
Price is pushing through resistance with strong momentum — our entry was right on the breakout!
Targeting the 0.0145 zone
Invalidated below 0.0092
This is a textbook breakout play — wait patiently, str
Pudgy Penguins PENGU Gearing Up for a +100% Move! 🐧 BINANCE:PENGUUSDT has completed its 5-wave advance from the April low (wave 1) and corrected with a 3-wave Zigzag structure in wave (2), reaching the buying area at equal legs $0.009 - $0.008.
🚀 Now, it's setting up for wave (3) higher, with an initial target at $0.022.
🌊 Are you positioned t
PENGU/USDT: The Penguin's Journey to Recovery!📊 CURRENT SITUATION 🔔
🎯 THE BIG PICTURE: "Penguin Waddle Pattern"
PENGU is currently executing what I call the "Antarctic Slide Recovery" - a classic bounce pattern after a significant correction from the 4H Fair Value Gap (FVG).
🟢 BUY ZONE (Support Cluster)
* Primary Support: 0.008
* Fibonacci
$PENGU Approaching Apex – Breakout Watch On!CSECY:PENGU is forming a symmetrical triangle on the 4H chart, and price is getting close to the apex.
It’s currently holding above the support trendline and the 200 EMA a key zone to watch.
A breakout above the triangle could push the price toward the $0.022–$0.023 range.
I’m watching closely. I
PENGU 12H – System Entry Triggered
PENGU just gave a system entry on the 12H time frame.
📌 The black line represents entry points from the 3D and 1W time frames. It has acted as a key level in the past and has now been flipped into support again.
📈 Price is currently pushing into the pink box, which may act as short-term resistanc
PENGUUSDT 12H#PENGU is moving inside a bullish rectangle pattern on the 12H timeframe.
The midpoint of the rectangle, along with the 12H EMA200, is currently acting as strong support. A breakout above the rectangle resistance could ignite a bullish rally.
Short-term targets:
🎯 $0.017118
🎯 $0.019127
🎯 $0.021681
Pengu (PENGU): HUGE CME might result a big drop...We are seeing a good chance for Pengu coin to dip after a huge upward movement, which brought a lot of volatility into the coin.
Despite all that, we do need some sort of correction here so that's what we are seeking. We opened a smaller trade with 20x leverage but 0.5% sizing.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Strong sellSellNeutralBuyStrong buy
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Neutral
SellBuy
Strong sellStrong buy
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Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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.