$PENGU ✅ Buy Entry Signal:
The price has recovered after bouncing near MA(7) and is crossing back above.
RSI rising toward 60 shows building momentum.
Volume is picking up slowly again after consolidation.
📍 Entry Zone:
Buy at: $0.01520 - $0.01540
(This is just above the recent mini-pullback and confirms momentum continuation.)
🎯 Take Profit (TP) Targets:
Set TP levels based on resistance levels and recent highs.
TP1: $0.01580 (first short-term resistance zone)
TP2: $0.01650 (next price ceiling)
TP3: $0.01720 (previous local high, strongest resistance)
🛡️ Stop Loss (SL):
Place your SL just below the support zone to minimize risk:
SL: $0.01430 (below recent wick and MA(7), near 24h low)
🔁 Risk/Reward Ratio:
Entry: $0.01530
SL: $0.01430 → Loss: 0.0010 (≈6.5%)
TP1: $0.01580 → Gain: 0.0005 (≈3.3%)
TP2: $0.01650 → Gain: 0.0012 (≈8%)
TP3: $0.01720 → Gain: 0.0019 (≈12.4%)
Best to aim for TP2 or TP3 if volume increases and RSI crosses 60+.