$PENGU /USDT BEARISH ANALYSIS

The chart indicates a rejection from the upper resistance zone, followed by consistent lower highs, suggesting sellers are in control. Momentum is weakening with a possible continuation toward support levels.

Entry (Short): After confirmation of rejection from resistance zone

Targets (TP): TP1 at nearest support, TP2 at mid-level demand, TP3 at major support base

Stop Loss (SL): Above the recent swing high resistance

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