🔥 Entry Position Suggestion for $PENGU /USDT (Short-Term Swing Trade):
Based on the current chart:
Strong Support Zone: $0.0095 – $0.0098
(Near 24h low and just above EMA(99) = $0.0080)
Ideal Entry (Buy Zone):
First Entry: $0.0098
Second Entry (if it dips more): $0.0093 – $0.0095 (scale in)
Stop Loss: $0.0086 (below EMA99 support)
Target 1: $0.0118 (recent 24h high)
Target 2: $0.0135 – $0.0141 (previous swing high)
Risk-Reward Ratio: Around 1:2.5 if managed smartly.
Tip: Wait for a bounce confirmation candle + increased volume before entering fully. You can also DCA (divide your capital into 2–3 parts) between $0.0098–$0.0093.