💥 $PENGU /USDT – Ready for Lift-Off After Healthy Pullback! 🚀
After cooling off from recent highs, $PENGU is setting up for a strong bounce. Buyers stepped in near the $0.02280 support, and now price action is tightening — a reclaim of $0.02360 could light the fuse for another leg up! 🔥
📊 Trade Setup:
• Entry Zone: $0.02310 – $0.02335
• Target 1 (TP1): $0.02420
• Target 2 (TP2): $0.02490 ✅
• Stop Loss (SL): $0.02250
⚡ Technical View:
A possible higher low is forming after the retrace. Volume spikes on green candles suggest buyers are regaining control.
🛡 Risk Note:
Keep a tight SL below $0.02250 in case the bounce fails. Always manage risk wisely.
🔄 Strategy Breakdown:
We’re playing the bounce off key intraday support, looking for momentum continuation if $0.02360 flips to support. Break above $0.02420 could fuel fast upside moves.
📢 Follow @bullishbanteer for more high-conviction crypto setups and market insights!
#USCryptoWeek #TradingStrategyMistakes #ArbitrageTradingStrategy #BTCBreaksATH