$PENGU /USDT Trade Plan
🔻 Short Setup (if price stays weak)
Entry: Around $0.01388 or if price fails to get above $0.01422
Stop Loss: $0.01433 (above recent high)
Targets:
TP1: $0.01350
TP2: $0.01308
TP3: $0.01280
Risk/Reward: About 1:2 to 1:3
👉 Extra tip: Watch if volume drops and MACD stays bearish to confirm the short idea.
🔹 Long Setup (if price bounces strong)
Entry: Only buy if price holds above $0.01308 with a bullish signal (like a green candle + strong volume)
Stop Loss: $0.01280 (below key support)
Targets:
TP1: $0.01422
TP2: $0.01449
TP3: $0.01500
Risk/Reward: Around 1:2
👉 Extra tip: Wait for MACD bullish crossover or a strong bounce from support before buying.
✅ Plan: Shorts look stronger unless price clearly breaks $0.01433 with volume. Always move your stop loss to breakeven once price goes in your favor.