$PENGU

Long Trade Signal

$PENGU Parabolic Movement After Accumulation Break

$PENGU has exited a tight 4H consolidation, signaling a strong change in market sentiment. The clear break of its recent range, combined with an increase in volume and a candle without an upper wick, indicates a persistent bullish momentum.

Long Trade Plan

• Entry Zone: 0.01150 – 0.011650

• Target 1: 0.01200

• Target 2: 0.01240

• Target 3: 0.01300 (For a bit longer term)

• Stop Loss: 0.01120 (to protect assets in case the price drops)

The combination of increased volume and a structural break suggests a high probability of upward continuation. A pullback from the breakout zone could provide a prime opportunity to enter.

Note: The cryptocurrency market is highly volatile; also do your own research before investing in the cryptocurrency market and you alone will be responsible for any losses incurred in trading.

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