#PENGUUSDT $PENGU
15-minute chart for PENGU/USDT.
Here’s a short-term long position trading strategy using key technical indicators visible in the chart:
🔍 Chart Observations (15m):
Current Price: $0.030099
Price Change: +33.65%
Trend: Bullish momentum
Indicators:
MA(7) > MA(25) > MA(99): Strong uptrend
RSI(6) = 57.89: Neutral, not overbought yet
MACD is slightly bearish, but could reverse if price holds
🎯 Long Trade Strategy
✅ Entry Point (Buy):
$0.03010, just slightly above current price to confirm bullish continuation after small consolidation.
🛑 Stop Loss:
$0.02850
Just below MA(25) and last consolidation zone.
Limits downside to around 5%, protecting against false breakouts.
🎯 Take Profit Targets:
Target 1: $0.03200 — modest breakout target (~6% gain)
Target 2: $0.03400 — strong rally continuation (~13% gain)
You can scale out (take partial profits) at Target 1 and leave the rest running to Target 2.
⚖️ Risk/Reward Analysis
Risk: ~$0.0016 per token
Reward: Up to ~$0.0039 per token
Risk/Reward Ratio: ~1:2.4 — favorable setup
📌 Additional Notes:
Watch RSI: If RSI crosses above 70, consider tightening stop loss or securing profits.
Volume Confirmation: Sustained high volume is needed for a breakout above $0.03100.
Exit Early If:
Price closes below MA(25) on strong volume
MACD crosses strongly bearish
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