$PENGU Here’s a detailed analysis and plan for the token based on the information provided.

Market Overview.

A long liquidation of $1.9987K occurred at a price of $0.0305.

This indicates a bearish sentiment in the market likely caused by high selling pressure or stop loss triggers.

Next Steps for $PENGU Traders.

Buy Zone.

The current market sentiment is bearish so it’s essential to wait for a proper entry point.

Ideal Buy Zone.

Between $0.0270 and $0.0290 (look for support levels and reversal signals in this range).

Target Zones.

Once the price stabilizes and starts to recover aim for these profit targets.

Target 1. $0.0330 (Short-term resistance zone).

Target 2. $0.0360 (Mid-term resistance).

Target 3. $0.0395 (Potential breakout level).

Stop Loss.

Always set a stop loss to minimize risk.

Recommended Stop Loss. $0.0255 (Below the recent support zone).

Trading Strategy.

1. Wait for confirmation of a reversal in the $0.0270 - $0.0290 range.

Use indicators like RSI MACD or volume trends to confirm momentum.

2. Enter a small position initially and scale in if the price holds above the support zone.

3. Book partial profits at Target 1 and move the stop loss to breakeven for remaining positions.

4. Hold for Target 2 and 3 if the market shows strong bullish momentum.

Risk Management Tips.

Invest only what you can afford to lose.

Avoid chasing price pumps; wait for proper retracements.

Monitor market updates whale movements and volume trends regularly.

This plan is based on the information available and general trading principles.

Adjust based on live market conditions and always do your own research (DYOR).

#PEGU #BTCNewATH #PENGUOpening #BinanceAlpha #USUALSpotPrediction