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🎯 1. Context & Catalysts

PENGU has recorded a recovery of ~35–50% in the last month, driven by the announcement of a possible spot ETF from Canary Capital.

Additionally, it was trending after Coinbase's rebranding to the NFT image of Pudgy Penguins, which generated a rally of 60%.

Technically, it broke a bearish channel, finds support between $0.0145–0.0150, and its next technical target is between $0.030–0.0337.

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📊 2. Spot Plan Structure

Stage Price (USD) Action Target/Risk

Entry (Base) 0.028–0.030 Buy with 50% of capital Optimal point after breakout + validated support

Averaging In 0.024–0.026 Additional purchase (30%) Reinforcement if it retraces to technical support

Stop-Loss 0.0225 Sell if breaks below (20%) Protect against drop due to pressure in BTC/altcoins

Take Profit 1 0.035 Sell 40% profits First target after rally +50%

Take Profit 2 0.04–0.045 Sell 30% additional Optimistic stage: interweek cycle – medium term

Final Hold If momentum continues Sell remaining or review TP Capitalize on main rally towards $0.06–0.07

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⚙️ 3. Position & Risk Management

1. Allocation: Use only capital you are willing to lose.

2. Rebalancing: Adjust position if other cryptos drop or rise drastically.

3. Stay informed: News about ETFs or regulatory changes can change dynamics quickly.

4. Discipline: If it hits your stop-loss at $0.0225, exit the position without emotion.

5. Evaluation: Review week by week and adjust levels as the price evolves.

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🧩 4. Signals to Watch

ETF Confirmation: If SEC approves or formally advances the ETF, it could trigger a rally.

Solid retracement to the broken channel: Would open up opportunity to increase positions at $0.024.

Technical indicators: Keep RSI below critical levels to avoid overbuying.

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⏱️ 5. Time Horizon

Intraday: Scale between $0.028–0.033; partial exit in short rally.

Medium term (weeks): Maintain remaining position with target $0.045–0.06 if catalysts persist.

Long term (months): Manage carefully if ETF confirmation and real adoption occur.

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✅ 6. Quick Summary

Initial purchase at $0.028–0.030

Reinforcement between $0.024–0.026

Stop at $0.0225

Partial take at $0.035 and $0.04–0.045

Final target: watching up to $0.06–0.07 if momentum continues.

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📌 Note: This plan is based on data updated as of July 13, 2025. The crypto market is very volatile and can change quickly. Be sure to use only available capital and adjust according to your risk profile.

#Spot #StrategicTrading #trading #pengu $PENGU