PENGUUSDT Outlook: FVG Pullback Opportunity

Hey traders,

We're looking at a bullish setup on the PENGUUSDT 2-hour chart. Price has broken out of its down structure, with confirmation of a recent Break of Structure (BOS).

My plan is to wait for a retracement back into the Fair Value Gap (FVG). This area (around $0.0117 - $0.0122) . This is a good zone for a long entry. If the price taps into this imbalance and shows a reaction, I'll be looking to get in.

Invalidation would be a sustained break below $0.009762.
Let's see how this plays out! 🛡️

Good Luck!

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