suggestions dain kia krun hold kr lun ya close kr dun over all Jana to #OM NY up he hy leken mare condition dakh k experts log suggestions dain what can do now?? 2 din Sy trade chal e hy bilkul sust e hogea hy#om ab pta ni kia krna esny kahe dump to ni kryga mazeed ?
#pengu #bullish actually in D1 the #pengu move in a channel and last night candle close in the exact trend line so now is move up inshallah in every low buy the pengu and create a huge profit
$PENGU /USDT Trading Signal: Will the Slide Continue? 🚨
Signal Type: Short
Entry Range: $0.03270 - $0.03300
Take-Profit Targets:
TP1: $0.03170 (Initial)
TP2: $0.03120 (Extended)
TP3: $0.03050 (Aggressive)
Stop-Loss: $0.03420
Technical Analysis
The $PENGU /USDT pair has shown persistent bearish pressure after facing rejection at $0.03557. The price is currently trading below its 7-period MA and 25-period MA, signaling downward momentum.
Key Levels to Watch:
Resistance Zones:
Immediate: $0.03420
Major: $0.03557
Support Levels:
Initial: $0.03170
Major: $0.03050
Indicators Overview:
1. Moving Averages: Downtrend confirmed by MA crossovers.
2. MACD: Bearish crossover indicating continued selling pressure.
The $PENGU price has shown difficulty in breaking key resistance zones, indicating weakness among buyers. A close below $0.03250 could accelerate the downtrend toward the $0.03050 level. On the flip side, any sustained move above $0.03420 could invalidate this short setup.
Trade Management Tips
Secure Partial Profits: Take partial profits at TP1 and move your stop-loss to breakeven to minimize risk.
Risk-Reward Focus: With a solid risk-to-reward ratio, this trade offers attractive potential returns.