š $PENGU /USDT SHORT TRADE SIGNAL š„
šØ Bearish Setup Developing Near Resistance Zone šØ
$PENGU has hit strong resistance around $0.01060 and is now drifting lower. Price is struggling to reclaim momentum, with the current level sitting at $0.01011. If the breakdown continues below $0.01000, further downside looks likely.
š» SHORT ENTRY ZONE:
š $0.01015 ā $0.01040
šÆ TARGETS:
T1: $0.00985
T2: $0.00960
T3: $0.00925
š STOP LOSS:
$0.01065 (Above the local resistance)
š KEY RESISTANCE ZONE:
$0.01050 ā $0.01060
š Key Breakdown Level:
$0.01000 (below this triggers more selling)
š Trend Bias: Bearish below $0.01040
š Volume Insight: Slight decrease suggests loss of bullish momentum
ā ļø Risk Management:
Stick to 1.5ā2% risk per trade. Adjust size based on SL distance. Lock profits gradually from T1 onward.
#FOMCMeeting #SparkBinanceHODLerAirdrop #BombieBinanceTGE #BinanceAlphaAlert #MetaplanetBTCPurchase $PENGU