$PENGU /USDT SHOWING SIGNS OF COOL-DOWN AFTER STRONG UPTREND 📉🔥
After a strong rally from the support zone near 0.009565, $PENGU /USDT hit resistance at 0.010336, forming a local top. The price has since pulled back and is now consolidating around 0.010079, suggesting temporary exhaustion in bullish momentum.
🔍 Technical Outlook:
Trend: Still bullish in higher timeframes, but showing short-term weakness.
Support Levels: 0.010035 and 0.009866
Resistance Levels: 0.010205 and 0.010336
Momentum: Slowing down with smaller green candles, indicating indecision or preparation for a breakout or further dip.
📊 What to Watch: If price holds above 0.010035, bulls may attempt another push toward the 0.010336 resistance. However, a break below this level could open the door back to 0.009866 or lower.
🎯 Trade Plan:
Long Entry: Above 0.01010 with TP1: 0.01028, TP2: 0.01033, SL: 0.00989
Short Entry: Below 0.01003 with TP1: 0.00987, TP2: 0.00970, SL: 0.01018
🧠 Stay alert! Market is pausing after a climb — next move will likely be sharp.
#SparkBinanceHODLerAirdrop #MetaplanetBTCPurchase #MarketRebound #SaylorBTCPurchase #TrumpBTCTreasury