$PENGU - LONG setup
The shorter timeframe is holding above its moving averages, and that is what keeps my attention here. Both the medium and near-term trends lean bullish, so dips are more likely to get bought than sold. I am watching 0.01 as the level that matters. If price closes back below those averages, my bullish read is wrong and I step aside.
Entry: 0.01009 - 0.01012
SL: 0.00991
TP: 0.01032 - 0.01048 - 0.01072
⚠️ Personal market insight, not investment advice. DYOR.
The shorter timeframe is holding above its moving averages, and that is what keeps my attention here. Both the medium and near-term trends lean bullish, so dips are more likely to get bought than sold. I am watching 0.01 as the level that matters. If price closes back below those averages, my bullish read is wrong and I step aside.
Entry: 0.01009 - 0.01012
SL: 0.00991
TP: 0.01032 - 0.01048 - 0.01072
⚠️ Personal market insight, not investment advice. DYOR.
