š $PENGU /USDT: Microcap Rocket Ready for Takeoff! š
Market Insight: $PENGU /USDT is showing strong upward momentum with a 9.42% gain in the last 24 hours. Currently priced at $0.0403, this token is primed for another leg up in the short term.
š” Trade Plan:
1ļøā£ Entry: $0.0398 (Support Level)
2ļøā£ Take Profit (TP):
TP1: $0.0415 (Immediate Resistance)
TP2: $0.0435 (Extended Target)
3ļøā£ Stop Loss (SL): $0.0385
š Key Observations:
Trend: Consolidating at $0.0400 with bullish wicks signaling accumulation. A breakout above $0.0410 confirms momentum.
Volume: Increasing volume supports a breakout potential. Monitor closely.
Momentum: Use the 30-min chart to confirm higher lows and breakout candles for entry.
š Risk Management: Limit exposure to 2% of your capital. Trail SL to $0.0400 after TP1 to lock in profits.
Ride the wave ā precision is key!
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