$PENGU /USDT Low-Risk Spot Trade Plan After Sharp Drop
PENGU has faced a sharp decline from $0.03868 to $0.03197 before showing early signs of recovery. Current price action near $0.03406 suggests a possible short-term rebound opportunity with controlled targets.
Entry Zone: 0.03380 – 0.03410
Stop Loss: 0.03300 (below immediate support)
Take Profit Targets:
TP1: 0.03450
TP2: 0.03500
TP3: 0.03550
Trading Rules:
Enter within the suggested zone during low volatility.
Once TP1 is reached, move Stop Loss to entry to secure risk-free trade.
Take partial profits at each target to lock in steady gains.
Avoid buying if the price falls and closes below $0.03300 with high selling pressure.
This strategy focuses on capturing small, safe gains while keeping risk minimal.