📊 $PENGU /USDT Trading Strategy
📥 Entry Range: $0.0425 to $0.0445 — keep an eye out for a breakout above key resistance.
🛑 Stop Loss: $0.0400 — set just below support to manage risk effectively.
🎯 Target 1: $0.0480 — aligns with levels suggested by Binance.
🚀 Target 2: $0.0520 — potential for further momentum if the rally strengthens.
🌕 Final Target: $0.0570 — approaching previous highs seen during the holiday period.
💡 Risk Strategy:
Risk only 1–2% of your trading capital. Aim to enter between $0.0425 and $0.0445, using a stop loss at $0.0400 to cap potential losses. Once the price hits the first target ($0.0480), secure some profits and move your stop to breakeven. Hold the remaining position for higher targets at $0.0520 and possibly $0.0570. Make sure your position size reflects the distance between entry and stop.
Always track broader market sentiment — PENGU's performance is often tied to Bitcoin and NFT trends. Stick to your trading plan, stay calm, and avoid impulsive decisions 📈✅.
