$PENGU Signal | Overbought Zone Bullish Continuation

RSI 1H surged to 79.7, the upper Bollinger Band at 0.0118 has been touched, trading volume has decreased compared to the previous two hours. The 4H MACD bars are still expanding, but the 1H bars are beginning to shorten. Funding rate is normal at 0.0042%, sell order depth ratio is -6.85%. Current price 0.011708 has exceeded the suggested upper limit, waiting for a pullback to around 0.011649 for support.

🎯Direction: Long

⚡Entry/Order: 0.011649

🛑Stop Loss: 0.009851

🚀Target 1: 0.011714

🚀Target 2: 0.011761

🛡️Trade Management: After reaching Target 1, reduce position by 50%, move stop loss up to entry price. If the price drops below 0.0112, exit proactively. The risk-reward ratio is very low, but there is inertia in the breakout, so if it breaks through Target 1, hold until Target 2. Strict stop loss, small losses for better probability.

(Depth logic: OI remains stable, sell order depth at -6.85% suggests selling pressure has not been absorbed. Overbought zone long positions require quick reaction, no hesitation.)

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