PENGU is testing a fresh swing low near 0.0185, eyes on the next bullish breakout. Volume spikes hint the bulls are gearing up.
đą $PENGU LONG đ â Trade Plan
âą Entry: $0.007676 â $0.007692
âą Stop: $0.007453 (-3.0%)
âą Target 1: $0.007799 (+1.5%)
âą Target 2: $0.008068 (+5.0%)
âą R/R 1:1.7 | Confidence 65%
A change of character broke the downtrend, confirmed by a CVD surge and a clear fair value gap on the 5âminute chart. The order block at 0.0182 overlaps the FVG, creating a POI confluence that aligns with the market structure break. The price is now poised to retest the block before a move toward the 0.0200 resistance.
A 3.0% stop is relatively tight for this volatility, so keep leverage modest â around 3â5x.
Take half profit around the first target near 0.0195 as the price approaches the order block edge.
Not financial advice â trade only what you can afford to lose đ
$PENGU #PENGUUSDT #CPIWatch #TradingSignals #Write2Earn
đą $PENGU LONG đ â Trade Plan
âą Entry: $0.007676 â $0.007692
âą Stop: $0.007453 (-3.0%)
âą Target 1: $0.007799 (+1.5%)
âą Target 2: $0.008068 (+5.0%)
âą R/R 1:1.7 | Confidence 65%
A change of character broke the downtrend, confirmed by a CVD surge and a clear fair value gap on the 5âminute chart. The order block at 0.0182 overlaps the FVG, creating a POI confluence that aligns with the market structure break. The price is now poised to retest the block before a move toward the 0.0200 resistance.
A 3.0% stop is relatively tight for this volatility, so keep leverage modest â around 3â5x.
Take half profit around the first target near 0.0195 as the price approaches the order block edge.
Not financial advice â trade only what you can afford to lose đ
$PENGU #PENGUUSDT #CPIWatch #TradingSignals #Write2Earn