$PENGU /USDC BULLISH SETUP FORMING ā READY FOR BREAKOUT MOVE! š§š
š Current Price: $0.01464 (+1.62%)
$PENGU/USDC is consolidating above key support with bullish structure intact. Price is holding the mid-range, and indicators hint at an upcoming breakout toward recent highs.
š KEY LEVELS:
šø Resistance:
$0.01540 ā Immediate resistance
$0.01653 ā Major breakout level (24h high)
š¹ Support:
$0.01413 ā Local support
$0.01364 ā Strong support zone
š TRADE SETUP ā LONG:
ā Entry: $0.01450 ā $0.01470 (on bullish confirmation)
šÆ Take Profit Targets:
TP1: $0.01540
TP2: $0.01650
š Stop Loss: $0.01360 (below strong support)
ā ļø RISK MANAGEMENT:
Risk 1-2% max per trade. Wait for volume confirmation + bullish candle. Trail SL after TP1 to lock in profits. Trade with discipline! šš§
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