$PENGU LONG SETUP | 1H
Breakout retest setup with bullish continuation potential.
Entry zone: 0.010066–0.010104
Stop loss: 0.009834
Targets: TP1 0.010921 (3.33R) / TP2 0.011086 (3.99R) / TP3 0.011251 (4.65R)
Scale out: 25% / 25% / 50%
Considerations: price is away from the planned entry and may require a retest; estimated EV is -0.47R, below the active threshold.
Status: Watchlist only — wait for confirmation before considering the setup.
Breakout retest setup with bullish continuation potential.
Entry zone: 0.010066–0.010104
Stop loss: 0.009834
Targets: TP1 0.010921 (3.33R) / TP2 0.011086 (3.99R) / TP3 0.011251 (4.65R)
Scale out: 25% / 25% / 50%
Considerations: price is away from the planned entry and may require a retest; estimated EV is -0.47R, below the active threshold.
Status: Watchlist only — wait for confirmation before considering the setup.
