$PENGU

Trade Plan:**

#### **Entry:**

- **Buy Zone:** Near 0.031170 (Bollinger Lower Band) if RSI(6) > 50 and MACD shows bullish crossover.

- **Sell Zone:** Near 0.036342 (EMA 99) if price rejects and RSI(6) < 50.

#### **Profit Targets (Long Trade):**

1. **TP1:** 0.034000 (Partial exit)

2. **TP2:** 0.036342 (EMA 99)

3. **TP3:** 0.037036 (Swing high)

#### **Stop Loss:**

- **For Long:** Below 0.030635 (Recent low).

- **For Short:** Above 0.037440 (EMA 25).

#### **Risk Management:**

- Risk ≤ 2% per trade.

- Adjust position size based on stop-loss distance.

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### **Conclusion:**

- **Bullish Scenario:** If price holds 0.031170 and breaks 0.036342, target 0.037036–0.039942.

Bearish Scenario:** If 0.031170 breaks, expect a drop toward 0.030635. ### **Support & Resistance Levels:**

- **Support (S1):** 0.031170 (Bollinger Lower Band)

- **Support (S2):** 0.030635 (Recent low)

- **Resistance (R1):** 0.036342 (EMA 99)

- **Resistance (R2):** 0.037036 (Recent swing high)

- **Resistance (R3):** 0.039942 (Strong resistance zone)