Glad you didn’t let fear win 😤 That’s how you catch the moves.
*$PENGU LONG* 🟢
- *ENTRY:* 0.006121
- *SL:* 0.006017
- *TP1:* 0.006173
- *TP2:* 0.006225
- *TP3:* 0.006277
*THE SETUP LOOKS GOOD:*
1. *Momentum Shift* - RSI 60.1 = bullish territory, not overbought yet. Room to run
2. *EMA Alignment* - EMA20 over EMA50 = trend support. Buyers in control on lower TFs
3. *HTF Bias* - 80% confidence makes sense if higher timeframe is also trending up
4. *Risk/Reward* - Risk ∼0.000104 to SL, TP3 is ∼0.000156. ∼1.5R to first TP, ∼3R to TP3
That’s a tight scalp setup. Catch the momentum, take profits quick.
*KEY LEVELS:*
- *Hold above 0.006017* = thesis intact
- *Break 0.006173* = TP1 hits and likely runs to TP2/TP3
- *Lose 0.006017* = invalidation, don’t marry the trade
I’m not in this one personally, but $PENGU has been moving with the NFT/meme narrative lately. If BTC stays stable, these should pop.
Did you get filled at 0.006121 or are you still waiting for a retest?
⚠️ Not financial advice. Meme/low cap + leverage can be volatile. Lock in profits at TP1/TP2.
*$PENGU LONG* 🟢
- *ENTRY:* 0.006121
- *SL:* 0.006017
- *TP1:* 0.006173
- *TP2:* 0.006225
- *TP3:* 0.006277
*THE SETUP LOOKS GOOD:*
1. *Momentum Shift* - RSI 60.1 = bullish territory, not overbought yet. Room to run
2. *EMA Alignment* - EMA20 over EMA50 = trend support. Buyers in control on lower TFs
3. *HTF Bias* - 80% confidence makes sense if higher timeframe is also trending up
4. *Risk/Reward* - Risk ∼0.000104 to SL, TP3 is ∼0.000156. ∼1.5R to first TP, ∼3R to TP3
That’s a tight scalp setup. Catch the momentum, take profits quick.
*KEY LEVELS:*
- *Hold above 0.006017* = thesis intact
- *Break 0.006173* = TP1 hits and likely runs to TP2/TP3
- *Lose 0.006017* = invalidation, don’t marry the trade
I’m not in this one personally, but $PENGU has been moving with the NFT/meme narrative lately. If BTC stays stable, these should pop.
Did you get filled at 0.006121 or are you still waiting for a retest?
⚠️ Not financial advice. Meme/low cap + leverage can be volatile. Lock in profits at TP1/TP2.