$PENGU LONG SETUP | 1H
Breakout retest setup with bullish continuation potential.
Entry zone: 0.009795–0.009873
Stop loss: 0.009137
Targets: TP1 0.010512 (0.97R) / TP2 0.010977 (1.64R) / TP3 0.011441 (2.31R)
Scale out: 25% / 25% / 50%
Considerations: 15M entry confirmation is incomplete.
Status: Watchlist only — wait for confirmation before considering the setup.
Breakout retest setup with bullish continuation potential.
Entry zone: 0.009795–0.009873
Stop loss: 0.009137
Targets: TP1 0.010512 (0.97R) / TP2 0.010977 (1.64R) / TP3 0.011441 (2.31R)
Scale out: 25% / 25% / 50%
Considerations: 15M entry confirmation is incomplete.
Status: Watchlist only — wait for confirmation before considering the setup.