PENGU Short-Term Scalping Plan – Targeting Quick Gains with Controlled Risk
$PENGU /USDT is trading at $0.039896 after rebounding from its $0.038058 daily low. Price is consolidating just under the $0.0418 resistance zone, suggesting a potential breakout if momentum continues. With careful entries and small, realistic targets, traders can take advantage of this setup while limiting downside risk.
Trade Plan:
Entry Zone: $0.03970 – $0.04000
Take Profits:
TP1: $0.04080
TP2: $0.04150
TP3: $0.04220
Stop Loss: $0.03880
Management Tips:
Secure partial profits at TP1 and move Stop Loss to break-even.
If price consolidates near $0.0415, wait for breakout before pushing for TP3.
Avoid entering if price surges past $0.0415 without any retracement.
Trade patiently, focus on quick gains, and stick to your plan.