$PENGU /USDC BULLISH CONSOLIDATION AFTER PARABOLIC MOVE
$PENGU /USDC is consolidating in a tight range after a massive bullish run, forming a potential continuation pattern above key support at 0.0412. The structure remains strong with higher lows and a bullish EMA alignment. A breakout above 0.0455 could initiate the next leg up as momentum builds.
LONG ENTRY: Above 0.04550
TP1: 0.04800
TP2: 0.05000
TP3: 0.05250
SL: 0.04100
Risk Management: Limit risk to 1–2% per trade. Avoid early entries—wait for confirmation above breakout zone. Trail stop after TP1 to secure profits.
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