PENGU is staring at a tight 1.7% upside bias after a clean break of its recent swing low. The price is now perched just above the last order block, eyeing the next resistance.
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🟢 $PENGU LONG 📈
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📍 Entry Range: $0.009998 – $0.010018
🛑 Stop Loss: $0.009708 (-3.0%)
🎯 TP1: $0.010158 (+1.5%)
🏆 TP2: $0.010508 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
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A change of character on the 4‑hour chart ripped the market structure, and the CVD surge confirmed buying pressure. The fair value gap and order block line up, creating a POI where the OB overlaps the FVG, giving a strong confluence zone. With the structure now bullish, the trade targets a 1:1.7 reward‑to‑risk.
A 3.0% stop is relatively tight on this swing, so using modest leverage around 2‑3x keeps risk manageable.
Take partial profit at the first target around 0.5% move to lock in gains.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$PENGU #PENGUUSDT #Bitcoin #TradingSignals #Write2Earn
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🟢 $PENGU LONG 📈
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $0.009998 – $0.010018
🛑 Stop Loss: $0.009708 (-3.0%)
🎯 TP1: $0.010158 (+1.5%)
🏆 TP2: $0.010508 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
━━━━━━━━━━━━━━━━━━━━━
A change of character on the 4‑hour chart ripped the market structure, and the CVD surge confirmed buying pressure. The fair value gap and order block line up, creating a POI where the OB overlaps the FVG, giving a strong confluence zone. With the structure now bullish, the trade targets a 1:1.7 reward‑to‑risk.
A 3.0% stop is relatively tight on this swing, so using modest leverage around 2‑3x keeps risk manageable.
Take partial profit at the first target around 0.5% move to lock in gains.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$PENGU #PENGUUSDT #Bitcoin #TradingSignals #Write2Earn