Long trading signal for the dollar $PENGU
U /USDT - Bulls are in control
Entry price: $0.007060
Target 1: $0.007280
Target 2: $0.007500
Final target: $0.008000
Stop loss: $0.006600
Why long?
#PENGU is gaining new momentum, showing a strong rebound from the $0.006117 area. The price action is forming clean higher lows and has just broken through short-term resistance with steadily increasing trading volume. This shows that bulls are stepping back and pushing for a new high.
If PENGU settles above $0.007000, the upward momentum could propel the breakout towards the $0.007500 - $0.008000 range. Keep a close watch for confirmation above $0.007280 to catch the ongoing movement.
Risk management advice: Once Target 1 is reached, consider raising your stop loss to secure partial profits and reduce downside risk. Always trade with discipline.