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Crypto Sat
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Bearish
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$PENGU
chasing 4th target 👍
Shift your stop-loss to entry once it hits 🏆
#CryptoSatRed
Crypto Sat
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💵Coin - $PENGU /USDT
📉 SHORT
➡️ ENTRY - 15560 , 15970 , 16400
⚔️ LEVERAGE - cross 20x
💥 TARGETS - 15440 , 15200 , 14700 , 14100 , 13300 , 12000 , 10200
🔖 STOPLOSS - 17200
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$DOGE is forming a clear Head & Shoulders pattern on the 30-min chart — a structure often seen right before major shifts in momentum. 🔹️Left Shoulder: Formed near $0.172, followed by a sharp dip. 🔸️Head: A clean spike toward $0.1775 before retracing. 🔹️Right Shoulder: Just completed, showing rejection around $0.172 again. 🔸️Neckline Zone: ~$0.1660–0.1670 is the key horizontal support holding the structure together. This pattern traditionally signals bearish reversal, especially if the neckline is broken with volume. A clean break below $0.1660 could trigger fast downside momentum toward $0.1620–0.1600. But if the neckline holds firm, we may see consolidation or even a short squeeze back toward $0.172–0.175. Support to watch: $0.1660 Major resistance: $0.1725 Invalidation: Break above head level $0.1775 flips structure bullish again Keep an eye on volume spikes. A breakout without strong participation is likely to fake out.
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