Who got $PENGU ??? let's buy/sell it according to the buy/sell zones mentioned here.
PENGU/USDT Trade Plan: Recovery Mode,
Testing Resistance
*Market Analysis*
- *Current Price:* $0.006432 (+0.20%)
- *Key Levels:*
- *Resistance:* $0.006500, $0.006650, $0.006800
- *Support:* $0.006200, $0.006000
*Trade Setup*
- *Entry Zone:* $0.006400 - $0.006450 (Buy on Retest or Breakout)
- *Targets:*
- *Target 1:* $0.006500
- *Target 2:* $0.006650
- *Target 3:* $0.006800
- *Stop Loss:* Below $0.006150
Click here $PENGU or click on the chart to buy .
*Risk Management*
- *Position Sizing:* Manage position size to limit potential losses to 2-3% of the trading account.
- *Risk-Reward Ratio:* Aim for a risk-reward ratio of 1:2 or higher to ensure potential profits outweigh potential losses.
- *Stop-Loss:* Stick to your stop-loss and avoid over-leveraging.
*Market Insights*
- *Recovery Mode:* PENGU is bouncing back strongly after a dip, approaching key resistance.
- *Bullish Momentum:* Sustaining above $0.006500 could indicate further bullish momentum.
- *Volume Expansion:* Watch for volume expansion to confirm breakout potential.
*Trade Plan Scenarios*
- *Bullish Scenario:* PENGU/USDT breaks above $0.006800, targeting $0.007000 and higher.
- *Bearish Scenario:* PENGU/USDT breaks below $0.006000, targeting $0.005800 and lower.
*Tips*
- Breakout above $0.006500 can trigger a stronger uptrend.
- A pullback to $0.006200 could provide a secondary entry opportunity.
- Use a trailing stop-loss to secure profits in case of a strong rally.
I would highly encourage you to start your trade(buy/sell PENGU) from my post, simply hitting here. → $PENGU
If you want a trade plan of your desired coin, write it in the comments below. I will post its trade strategy .
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