$PENGU 🚀 BULLISH MOMENTUM 🚀

📈 Short-Term Trading Strategy (Scalping/Intraday)

Scalp Strategy:

Entry: $0.0164–0.0166 range (on small dips or flag breakout)

TP1: $0.0172

TP2: $0.0178

SL: Below $0.0158 (tight stop to preserve capital)

Alternative Breakout Play:

Breakout Buy: If it crosses $0.0174 with volume >$3M/hr

Target $0.0185–0.019

Use trailing SL to lock profits on strong candles

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🧠 Market Sentiment

Bullish Bias: 71% long positions noted on major exchanges

⚠️ Risk Assessment

Volatility Risk: High due to meme coin nature

Volume Risk: Volume has declined from recent peaks; requires confirmation to sustain breakout

Liquidity Risk: Spreads can widen suddenly—use limit orders in scalping

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📌 Disclaimer

This is not financial advice. Cryptocurrency investments are highly volatile and involve significant risk. Always do your own research (DYOR), and never trade with funds you cannot afford to lose.

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