PENGU just cracked the 0.0235 resistance and is sliding into a fresh down move. The bears are eyeing the next swing low.
đŽ $PENGU SHORT đ â Trade Plan
âą Entry: $0.008476 â $0.008492
âą Stop: $0.008739 (-3.0%)
âą Target 1: $0.008357 (+1.5%)
âą Target 2: $0.008060 (+5.0%)
âą R/R 1:1.7 | Confidence 64%
The 1âhour chart showed a clear change of character as the swing low broke the previous swing high and the CVD turned negative, confirming the shift. A fairâvalue gap sits right under the broken order block, creating a POI where the order block and FVG overlap, and the market structure break sealed the short bias.
A 3âŻ% stop is a bit tight on this swing, so keep leverage low, around 2â3Ă.
Take half off the table once you hit the first target around 0.0218.
DYOR â this isn't financial advice, size your risk accordingly đ
$PENGU #PENGUUSDT #fedminutesfocusonoctoberpause #TradingSignals #Write2Earn
đŽ $PENGU SHORT đ â Trade Plan
âą Entry: $0.008476 â $0.008492
âą Stop: $0.008739 (-3.0%)
âą Target 1: $0.008357 (+1.5%)
âą Target 2: $0.008060 (+5.0%)
âą R/R 1:1.7 | Confidence 64%
The 1âhour chart showed a clear change of character as the swing low broke the previous swing high and the CVD turned negative, confirming the shift. A fairâvalue gap sits right under the broken order block, creating a POI where the order block and FVG overlap, and the market structure break sealed the short bias.
A 3âŻ% stop is a bit tight on this swing, so keep leverage low, around 2â3Ă.
Take half off the table once you hit the first target around 0.0218.
DYOR â this isn't financial advice, size your risk accordingly đ
$PENGU #PENGUUSDT #fedminutesfocusonoctoberpause #TradingSignals #Write2Earn