🚀Trading Signal: $PENGU /USDT Long🔥‼️🚀
Time Frame: 4h (as indicated by the selected timeframe on the chart)
Resistance: Based on the visible price action, a significant resistance level appears to be around 0.024700, which is the recent high shown on the chart.
Support: A key support level can be identified around the 0.020632 mark, where the price found support after a previous decline.
Entry for trade: Consider an entry around the current price level or a slight dip, approximately 0.023261 - 0.023000, depending on confirmation of bullish continuation.
TP1: 0.023500 (a small increment from the current price, aiming for a quick profit)
TP2: 0.023800 (targeting a move towards the 24h high)
TP3: 0.024200 (aiming for a potential breakout above the 24h high towards the next resistance)
SL: 0.022500 (placed below a recent swing low or support to manage risk)
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