#PENGU
Significant rebound from the bottom of the handle in the cup and handle pattern.
* In other words, it is currently rebounding well from the expected entry point at the lower range of the descending channel.
* Since the 4H 200EMA is a resistance area, it is necessary to take some short-term profits or eliminate risks.
#PENGU
Significant short-term support at the bottom of the descending channel, which is the handle of the cup and handle pattern.
* Since it's a significant rebound, it's necessary to move the stop to the entry price to eliminate risk.
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