$PENGU #PENGU/USDT.
Let’s break it down simply:
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1. Quick Background:
PENGU is a meme coin on Solana (likely similar to WIF, BONK, etc.).
Meme coins move heavily based on hype, not fundamentals.
Volatility = high.
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2. Typical Strategy for PENGU (and similar coins):
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3. Basic Trade Idea for Today:
(Assuming you are looking for short-term)
BUY ZONE: Wait for pullbacks to key supports. Example: after 20–30% dip from recent high.
SELL ZONE: Scale out when price pumps 30–50%+ after your entry.
Risk Management:
Set a stop loss 10–15% below your entry price.
Only risk small % of your portfolio (1–3%).
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Example Plan:
If PENGU dips to a major support (let’s say hypothetically $0.00035), buy small.
Target 20%+ upside.
Sell partial at first pump, keep some for moonshot if hype grows.
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If you want, I can also check PENGU's latest chart right now and suggest a live setup.
Want me to pull the live chart too?