$PENGU 🐧🚀 Potential Bullish Impulse: $PENGU/USDT
🔍 Trade Plan (Ultra Aggressive or Conservative Entry - RECOMMENDED: CONSERVATIVE)
🟢 Ultra Aggressive Entry: Around $0.011611$ (higher risk)
🟢 Conservative Entry: $0.011200 - $0.011400$ (on pullback)
🔴 Stop Loss (Aggressive): $0.011500$
🔴 Stop Loss (Conservative): $0.011100$
🎯 Target 1: $0.012407$
📈 Target 2: $0.013000 - $0.013500$
🏆 Target 3: $0.014000 - $0.014500$
⚖️ Potential Risk-Reward Ratio (Conservative Entry to Target 1): ~5.54 - Very Favorable ✅✅
📊 Updated Technical Breakdown
👀 Strong bullish impulse, price above key EMAs. RSI climbing.
🧱 Key Resistance: $0.012407$, $0.013000 - $0.013500$, $0.014000 - $0.014500$
🛡️ Key Support: $0.011200 - $0.011400$ (7 & 25 EMAs), $0.011100$
📈 Good volume on the upward move.
⚠️ RSI not yet extreme - potential for further upside.
⚙️ Updated Trade Management
Tight SL for ultra aggressive entry.
Wait for pullback for conservative entry.
Move SL to entry at Target 1.
Take partial profits.
💭 Final Thoughts
$PENGU$ showing strong bullish momentum. Conservative entry on pullback might be safer with excellent risk-reward. Monitor closely and manage risk. Let's see it fly! 🐧🚀