#pengu Short Entry Plan

1. Short Entry:

0.03310 – 0.03330 (wait for breakdown of 0.0332 for bearish confirmation)

2. Stop Loss (SL):

0.03420 (approximately 2.7% above entry)

Above the minor resistance area to be safe from small fake pumps.

3. Gradual Take Profit (TP):

TP1: 0.03150 → approximately +5%

TP2: 0.03000 → approximately +9%

TP3: 0.02900 → approximately +13% (potential M pattern formation on 1H if support breaks down)

4. Risk Management:

If the price fails to break through 0.0332 and bounces back up, it is better to avoid short entry.

Use trailing stop if TP1 is reached to lock in profit.