$PENGU /USDT BULLISH BREAKOUT EXPECTED ABOVE KEY RESISTANCE LEVEL
PENGU/USDT is exhibiting bullish accumulation as it approaches the resistance at 0.036236. Despite a minor negative MACD, the convergence of DIF and DEA indicates an imminent bullish crossover. Strong buying volume further supports the likelihood of an upside breakout continuation.
LONG ENTRY: On confirmed breakout above 0.036236 resistance.
TARGETS (TP):
TP1: 0.037200
TP2: 0.038500
TP3: 0.040000
STOP LOSS (SL): Below 0.034500 to protect against downside volatility.
RISK MANAGEMENT: Limit risk per trade to 2% of total capital. Adjust SL to breakeven after TP1 is reached and trail it higher to lock in profits while minimizing exposure on remaining positions.
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