🚨 Trade Signal Alert: $PENGU /USDT (1H)

Market Outlook:

$PENGU /USDT is consolidating near $0.03632 after a pullback from $0.04600. The current structure indicates a potential breakout, though caution is advised.

🎯 Trade Plan:

1️⃣ Entry:

$0.03650 (on confirmed breakout above resistance).

2️⃣ Target (TP):

TP1: $0.03800

TP2: $0.04050

3️⃣ Stop Loss (SL):

$0.03550 (strict to minimize risk).

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⚡ Strategy:

Volume & Momentum: Monitor 24H trading volume and RSI to confirm momentum.

Position Size: Consider reducing size near key resistance levels.

Risk Management: Avoid over-leverage. Stick to a 2:1 Risk-Reward strategy for calculated gains.

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