$PENGU UPDATE



DCA AT SL AND CLOSE THIS TRADE AT BEP.
PENGU1.44%
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CryptoSat
💰 $PENGU DISTRIBUTION BREAKDOWN
🔽 SHORT
✳️ ENTRY: 0.0095 – 0.00985
🎯 TARGETS: 0.00934 – 0.0091 – 0.00886 – 0.00841 – 0.00785 – 0.00730
🀄️ LEVERAGE: 10x
🔴 STOPLOSS: 0.0102
Price is showing signs of exhaustion after repeated rejection near the 0.0106 resistance zone. MA7 has rolled over while MACD continues expanding bearish momentum, indicating sellers are taking control in the short term. RSI is also weakening with structure forming lower highs, increasing probability of a deeper correction toward MA99 support zones. Any relief bounce into the entry range can be used for scaling shorts while the market remains below local resistance. Best execution is gradual DCA entries with patience, as volatility on $PENGU can produce sharp fake pumps before continuation downward.
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ProofOfCoffee
· 8h ago
So, start dollar-cost averaging after hitting the stop-loss, and take profits when breaking even?
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TheBluePeony'sProphecy
· 8h ago
SL dollar-cost averaging, BEP break-even exit, stable
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GateUser-9d67589f
· 8h ago
BEP exit, is this round breaking even and leaving?
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Orange-FlavoredBlock
· 8h ago
Add positions near the stop-loss line, run once break-even is reached, classic strategy
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PerpWhisperer
· 8h ago
PENGU, this operation is a bit conservative.
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