🔻 $PENGU /USDT – Short Trade Setup Alert! 🔻

Current Price: $0.012918 (+6.28%)

📉 Market Snapshot:

$PENGU showed strong upside earlier, hitting $0.013487, but failed to sustain momentum and is now showing lower highs and bearish candles on the 15m chart.

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📊 Key Levels:

Resistance: $0.013487

Support: $0.012132

Breakdown Zone: $0.012890

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⚠️ Trade Setup – SHORT Idea:

Entry Zone: $0.01290 – $0.01300

Targets:

TP1: $0.01270

TP2: $0.01250

TP3: $0.01230

Stop Loss: $0.01355 (above local high)

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📌 Market Insight:

Bearish pressure is building after rejection from the highs. Structure shows signs of exhaustion with lower highs and consolidation near support. A breakdow below $0.01289 could trigger a sharper selloff.

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💡 Pro Tip:

Watch for a strong bearish 15m candle close below $0.01289 to confirm the move. Consider scaling in position and adjust SL to breakeven after TP1.

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🚨 Short the bounce carefully! Protect capital, use proper risk management, and stay updated with market momentum!

$PENGU

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