$PENGU /USDT BULLISH RECOVERY: LONG ENTRY WITH UPSIDE POTENTIAL
The $PENGU /USDT pair is showing signs of a bullish recovery after a minor pullback. With a recent bounce off support at 0.0309 and solid volume, the market appears poised to test higher levels. The pair has strong resistance around 0.033, and breaking above this could trigger a larger upward movement.
Trade Setup:
Entry: 0.0320
Target (TP): 0.0335, 0.0340, 0.0350
Stop Loss (SL): 0.0300 (Key support level)
Risk Management:
Limit risk to 1-2% of your portfolio per trade. Place the stop loss at 0.0300 to protect against any sudden downward moves, aiming for a favorable risk-to-reward ratio of 2:1 or more.
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