๐จ W Pattern Alert on $PENGU USDT! ๐
A beautiful W reversal pattern is playing out on the 5-minute chart of $PENGUUSDT โ and itโs showing signs of serious bullish momentum! ๐ฅ
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Price rejected perfectly from demand
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Strong bounce forming the second leg of the โWโ
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Clean structure with bullish confirmation
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Tight consolidation in the breakout zone
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EMA lines supporting the move
If price breaks above the neckline resistance zone, we could see a strong move toward 0.009 and beyond! ๐น
๐ฉ Ideal entry: Around 0.0086 โ 0.0087
๐ฏ Take profit target: 0.0090+
๐ Manage risk smartly, but this setup is ๐ฅ
The market is giving us a textbook reversal โ donโt sleep on this one. If momentum continues, this could turn into a quick and clean scalp or even a short-term swing.
๐ฃ Let me know if you're taking this trade too โ bullish vibes only! ๐ง๐