š High-Probability Trade Setup for $PENGU /USDT š
Entry Point: $0.03520 - $0.03540 (Enter on confirmed breakout above $0.03540).
Take Profit (TP):
1. TP1: $0.03580
2. TP2: $0.03620
3. TP3: $0.03680
Stop Loss (SL): $0.03480 (Tight risk management).
Strategy:
Confirm strong bullish momentum with volume above $0.03540.
Adjust SL to breakeven after hitting TP1 for a secure trade.
Use trailing stops for extended gains toward TP3.
Indicators to Monitor:
RSI: Ensure RSI remains below 70 for a continued uptrend.
Volume: Rising buy volume indicates confidence in the breakout.
š Risk/Reward Ratio: 1:3 ā optimal for disciplined trading.
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