šØ
$PENGU IS COILED ā THIS BREAKOUT COULD GO NUCLEAR š§Øš
This is not hype.
This is structured price action setting up a potential continuation expansion.
$PENGU is printing a clean Cup & Handle ā one of the most reliable bullish continuation patterns when itās done right. And this one is done right.
š§ WHY THIS SETUP MATTERS
Handle is shallow and holding above mid-cup equilibrium ā thatās strength
No panic selling, no deep pullback ā sellers are exhausted
Volume expanding on the right side of the cup ā demand stepping in early
This is how breakouts look before they trend
Markets donāt explode from chaos ā they explode from compression.
š KEY LEVELS (SAVE THIS)
Trigger / Resistance: 0.0138 ā 0.0142
Support: 0.0116 ā 0.0119
Invalidation: Daily close below 0.0108
š ENTRY STRATEGY
š¢ Aggressive: Daily close above 0.0142
š¢ Conservative: Break + retest of 0.0140 holding as support
š Stop Loss: 0.0108 (structure-based, not emotional)
šÆ UPSIDE TARGETS
T1: 0.0175
T2: 0.0210
T3: 0.0245 š
Once this clears resistance, price discovery opens fast.
ā ļø IMPORTANT (READ THIS)
ā No breakout ā no trade
ā No sustain ā ignore
But if 0.0142 breaks and holdsā¦
This turns from āinterestingā into FOMO fuel very quickly.
š You donāt chase breakouts. You prepare for them.
$PENGU is approaching decision time.
#pengu #PENGUToken #Memecoinsš¤š¤ #bullish #freesignal