#PENGU / USDT Trade Plan – 22 April 2025
Current Price: $0.005987
Market Sentiment: Bullish Breakout
Setup Overview:
PENGU just broke out of a consolidation zone with strong volume and a +20% surge. Perfect setup for a breakout or pullback continuation trade.
Trade Strategy 1: Breakout Continuation
Entry Zone: $0.0060 – $0.0062 (on breakout candle retest or momentum candle close)
Target 1: $0.0067
Target 2: $0.0070
Stop Loss: Below $0.0055
Risk/Reward Ratio: ~1:2 or better
Trigger: Strong green candle close above $0.0062 or a bullish retest of $0.0060 with volume support.
Trade Strategy 2: Pullback Entry
Entry Zone: $0.0054 – $0.0056
Target: Rebound toward $0.0062 – $0.0065
Stop Loss: Below $0.0049
Note: Use if price retraces and consolidates before second leg up.
Risk Management
Never risk more than 1-2% of capital per trade
Adjust position size based on stop distance
Watch volume: fading volume = weakening trend
Important Reminders:
Volatility is high, protect profits with trailing SL
Monitor BTC and market sentiment (altcoins follow the king)
News & social sentiment might be driving PENGU — stay alert
