Bulls power confirmed on $PENGU! 🔥
Entry price: 0.035135
1st target: 0.045000
2nd target: 0.050000
Stop loss: 0.029000
Analysis:
$PENGU saw a strong bounce from the crucial support area at 0.025000, reflecting bullish momentum that could push the price towards the upcoming resistance levels. The current price action suggests a possible continuation of the bullish trend.
Plan:
• Enter at current levels.
• Preferably take part of the profits at the first target, leaving the rest to reach the second target.
• Place a stop loss at 0.029000 to protect capital.
⚠️ Disclaimer:
This analysis expresses personal opinion only and is not considered investment advice. Do your own research before making any decisions, you are solely responsible for your money.