$PENGU /USDT BULLISH BREAKOUT 🚀
Key Levels:
- Current Price: $0.038181
- Resistance Levels:
- $0.038181 (current resistance)
- $0.047326 (next major resistance)
- Support Levels:
- $0.036785 (immediate support)
- $0.033148 (strong support)
Trade Setup:
Long Entry:
- Entry Point: $0.038181
- Take Profit (TP): $0.047326
- Stop Loss (SL): $0.036785
Risk Management:
- Risk/Reward Ratio: 1:4
- Position Size: Ensure no more than 2% of your trading capital is at risk.
Summary:
We are looking for a long trade on $PENGU/USDT due to a bullish breakout above the immediate resistance level of $0.038181. The next target is set at $0.047326, with a stop loss placed at $0.036785 to manage risk effectively. This setup offers a favorable risk/reward ratio, making it an attractive opportunity for traders. 📈💹
Happy Trading! 🚀📈