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$PENGU (1h) - Pullback Bounce
Bias: Long
Entry (Zone): 0.01100 - 0.01125
Targets:
TP1: 0.01165
TP2: 0.01195
TP3: 0.01235
Stop Loss: 0.01072
Why this Setup:
I’m looking for a continuation bounce as price holds above the recent breakout area and stabilizes after the sharp run-up. The pullback has been relatively controlled, so I want to buy strength near support and target a retest of the recent highs if momentum returns.
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