A 3.0% stop loss on a 2‑3x position keeps risk tight; with that margin the trade can survive normal volatility while still offering a decent upside on PENGU. The token is bouncing off a fresh order block and looks ready to retest the broken structure.
🟢 $PENGU LONG 📈
Entry $0.008129-$0.008145 | SL $0.007893 (-3.0%) | TP1 $0.008259 (+1.5%) | TP2 $0.008544 (+5.0%) | R/R 1:1.7 | Conf 65%
The market broke a higher low (CHoCH) and the CVD turned bullish, confirming the move. A fair‑value gap aligns with an order block, creating a POI where the OB and FVG overlap, giving a clean entry zone.
A 3.0% SL is relatively tight for a 2‑3x levered trade, so stay at the lower end of that range.
Take half profit around the first target as price approaches the next resistance.
Not financial advice — trade only what you can afford to lose 🙏
$PENGU #PENGUUSDT #W #TradingSignals #Write2Earn
🟢 $PENGU LONG 📈
Entry $0.008129-$0.008145 | SL $0.007893 (-3.0%) | TP1 $0.008259 (+1.5%) | TP2 $0.008544 (+5.0%) | R/R 1:1.7 | Conf 65%
The market broke a higher low (CHoCH) and the CVD turned bullish, confirming the move. A fair‑value gap aligns with an order block, creating a POI where the OB and FVG overlap, giving a clean entry zone.
A 3.0% SL is relatively tight for a 2‑3x levered trade, so stay at the lower end of that range.
Take half profit around the first target as price approaches the next resistance.
Not financial advice — trade only what you can afford to lose 🙏
$PENGU #PENGUUSDT #W #TradingSignals #Write2Earn