$PENGU JUST SWEPT THE STOP LOSS ZONE - RECOVERY SETUP LOADING ๐ฏ
Entry: 0.0062 ๐ฅ
Stop Loss: 0.0060 โ ๏ธ
That swing through 0.0060 was a classic liquidity grab โ took out the late longs and cleared overhead fuel. The 3% hit stings but the chart is now clean for the next leg if buyers step in at this level.
Volume on the 4H is already thinning out after the dump, which often signals the dip is getting bought. Do you trust the reclaim or are you waiting for a stronger confirmation?
Not financial advice. Always manage your risk.
#PENGU #StopLoss #LiquidityGrab #ReclaimSetup
๐ฏ
Entry: 0.0062 ๐ฅ
Stop Loss: 0.0060 โ ๏ธ
That swing through 0.0060 was a classic liquidity grab โ took out the late longs and cleared overhead fuel. The 3% hit stings but the chart is now clean for the next leg if buyers step in at this level.
Volume on the 4H is already thinning out after the dump, which often signals the dip is getting bought. Do you trust the reclaim or are you waiting for a stronger confirmation?
Not financial advice. Always manage your risk.
#PENGU #StopLoss #LiquidityGrab #ReclaimSetup
๐ฏ
