๐ฅ $PENGU USDT Market sentiment bearish short setup! ๐ฅ
๐ Setup: We're aiming for a bearish ride!
๐ Entry Point: 0.038350 - Let's get short!
๐ฐ Take Profit 1: 0.037650 - Secure those early gains! ๐ค
๐ฐ Take Profit 2: 0.037250 - Ride the wave further! ๐
๐ Stop Loss: 0.038550 - Protect your capital! ๐ก๏ธ
Why Short?
* ๐ Intraday high breakdown - Bearish momentum is strong!
* ๐ซ Resistance at 0.042000 - Candle rejection confirms bearish pressure.
* โ Ideal risk-reward - Entry at 0.038200 looks promising!
Risk Management:
* ๐ Strict stop-loss at 0.038800 - Essential for risk control!
Recommendation:
* ๐ฐ Close 50% at TP1 - Lock in profits!
* ๐ก๏ธ Adjust SL to breakeven - Minimize risk further!
* ๐ Ride the momentum to TP2 - Maximize your gains!