🚨 Trade Setup | PENGU

Direction: Bullish (Recovery Bounce)

📊 Why this trade:

- 7d recovery at +10% from 30d lows — momentum reversal in progress

- 86% bullish sentiment — crowd conviction backing the bounce

- Vol/MCap 16.4% — active interest, not a dead cat bounce

🔥 Key insight:

This is NOT a slow grind — the 7d +10% momentum signals a sentiment shift after weeks of decline. Early recovery phase.

🎯 Trade Plan:

Entry: $0.00677 (current zone)

Target: $0.00721

Stop: $0.00660

⚖️ Risk/Reward: ~2.6:1

⚠️ Risk: If $0.00660 breaks, the 7d recovery thesis is invalid and the 30d downtrend resumes. Medium risk, position size accordingly.

(Not financial advice)