$PENGU /USDT BULLISH SETUP AWAITING BREAKOUT
$PENGU is consolidating tightly near resistance after forming higher lows on the lower timeframes. A breakout above the current supply zone could trigger momentum continuation to the upside. Buyers are gradually absorbing sell pressure, indicating accumulation rather than distribution.
LONG ENTRY: On clear breakout and retest of resistance zone
TP1: 0.02250
TP2: 0.02380
TP3: 0.02550
SL: Below 0.02030 support
Risk only 1-2% of capital per trade, adjust position size accordingly and trail stops as targets hit.
#CryptoTrading #AltcoinSetup #BreakoutTrade #BullishPattern #RiskManagement $PENGU
$PENGU is consolidating tightly near resistance after forming higher lows on the lower timeframes. A breakout above the current supply zone could trigger momentum continuation to the upside. Buyers are gradually absorbing sell pressure, indicating accumulation rather than distribution.
LONG ENTRY: On clear breakout and retest of resistance zone
TP1: 0.02250
TP2: 0.02380
TP3: 0.02550
SL: Below 0.02030 support
Risk only 1-2% of capital per trade, adjust position size accordingly and trail stops as targets hit.
#CryptoTrading #AltcoinSetup #BreakoutTrade #BullishPattern #RiskManagement $PENGU