Scalp Penguusdt

Hi

This trade exploits the current breakout, aiming for the next major structural resistance.

Entry Price $0.03050 Momentum Entry: Enter on a confirmed close above the current resistance but slightly above the immediate price to confirm stability.

Take Profit (TP) $0.03430 A ≈12.5% move, targeting the Daily Structural High (visible on Image
2) at $0.0343149. This is the highest visible resistance cluster.

Stop Loss (SL) $0.02980 Placed just below the $0.0300 pivot point. A drop below here means the breakout was a massive failure/trap.

Risk/Reward ≈1:5.4 (Risk: $0.0007 / Reward: $0.0038) - Exceptional R:R for a competition-level trade.

Short
This is a backup trade only if the breakout fails dramatically.

Entry Price $0.02980 Sell the Failure: Entry on a confirmed close back below the major $0.0300 pivot and the SL for the Long trade.

Take Profit (TP) $0.02800 A ≈6.0% move, targeting the structural support/EMA 200 re-test zone.

Stop Loss (SL) $0.03050 Placed just above the initial short entry and the long entry trigger to ensure tight risk control.

Risk/Reward ≈1:2.5 (Risk: $0.0007 / Reward: $0.0018) - Good R:R for a quick reversal scalp.