⚠️ $PENG — Bullish Breakout Setup
LONG $PENG
Entry: $58.00 – $58.70
SL: $56.80
🎯 Take Profit:
TP1: $59.50
TP2: $61.00
TP3: $62.50
$PENG is showing a strong 4H recovery after bouncing from the $54.50–$55.00 support zone. Price has reclaimed $58.00 and is now challenging $58.70 resistance.
🔑 Key Level: A clean breakout and hold above $58.70 could open the next upside move.
Trade Management
Wait for confirmation around the $58.00–$58.70 entry zone rather than chasing a breakout candle. Consider taking partial profits at each target and protecting the remaining position as price moves higher.
⚠️ Risk Note: A decisive break below $56.80 invalidates the setup. Keep position sizing appropriate to the risk.
Bullish bias favored while the recovery structure holds. 🚀
Buy and Trade $PENGU here 👇
DYOR
LONG $PENG
Entry: $58.00 – $58.70
SL: $56.80
🎯 Take Profit:
TP1: $59.50
TP2: $61.00
TP3: $62.50
$PENG is showing a strong 4H recovery after bouncing from the $54.50–$55.00 support zone. Price has reclaimed $58.00 and is now challenging $58.70 resistance.
🔑 Key Level: A clean breakout and hold above $58.70 could open the next upside move.
Trade Management
Wait for confirmation around the $58.00–$58.70 entry zone rather than chasing a breakout candle. Consider taking partial profits at each target and protecting the remaining position as price moves higher.
⚠️ Risk Note: A decisive break below $56.80 invalidates the setup. Keep position sizing appropriate to the risk.
Bullish bias favored while the recovery structure holds. 🚀
Buy and Trade $PENGU here 👇
DYOR