Entry: Around 0.0108
Target: Mid-range near 0.0139
Stop Loss: Below 0.0094
Risk-Reward: 2:17
🧠 Analysis:
Price is currently sitting on a major previous support level on the daily time frame.
On the 4H time frame, there's a clear structure shift, suggesting a potential reversal or bullish continuation.
We’re looking to play this within a defined range: Entry from the lower demand zone with a target at the mid-range, where a Fair Value Gap (FVG) also aligns, increasing the probability of a reaction.
This setup offers a high RR of 2.17, ideal for swing positioning if the market remains stable.
Follow for more $PENGU
#Altcoin #BinanceAlphaAlert #BTC☀ #MarketPullback #TechnicalAnalysis
