For those seeking confirmation, waiting for a break and retest of 0.02670 could provide stronger validation for an upward continuation. This would offer added security to the trade setup.
The stop-loss for this trade is placed at 0.02239, as a price closure below this level would invalidate the bullish scenario and indicate potential downside movement.
The target is positioned at 0.03587, the nearest strong resistance, providing an attractive risk-reward ratio for this trade idea.
👨🏻💻💭What’s your take on PENGU? Share your perspective in the comments below!
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
🤖 It's time to trade smarter with 3Commas!!
📣 Sign up to get up to 25% off
👉 bit.ly/TradingView3Commas
📣 Sign up to get up to 25% off
👉 bit.ly/TradingView3Commas
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.