๐ *$PENGU Awakens: Rebound Rally in Motion* ๐
*The Bounce:*
- *Clean Bounce:* $PENGU has shown a clean bounce after testing support around 0.01430, indicating a potential reversal ๐ฅ.
- *Rising Volume:* Rising volume confirms the strength of the bounce and potential for further gains ๐.
*The Chart Pattern:*
- *Double Bottom:* A potential double bottom forming on the 4H chart, a bullish reversal pattern ๐.
- *Bulls in Control:* Bulls are preparing for a measured move upward, with a solid opportunity for a mid-range rally ๐.
*The Trade Plan:*
- *Entry Zone:* 0.01510 โ 0.01520, a great opportunity to enter the trade ๐.
- *Target 1:* 0.01560, a potential profit-taking point ๐.
- *Target 2:* 0.01620, a key target zone ๐.
- *Target 3:* 0.01700, a potential extension of the bullish trend ๐ฅ.
- *Stop Loss:* 0.01430, to limit potential losses and protect capital ๐.
*The Strategy:*
- *Keep Risk Tight:* Keep risk tight and ride the recovery wave, to maximize potential gains ๐ธ.
- *Spot Trading:* Suitable for spot trading, with a potential for significant returns ๐.
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