$PENGU /USDT BEARISH SETUP 🧊📉 | BEAR FLAG BREAKDOWN IN PROGRESS – CAUTION ADVISED!

📍 Current Price: $0.010095 (-1.39%)

📊 Market Sentiment: Weak bounce attempts, trading near key breakdown zone — lower highs forming consistently.

📊 KEY LEVELS TO WATCH:

🔻 Resistance Zones:

• $0.01040 – Local resistance

• $0.01080 – Major rejection zone

• $0.01100 – Bearish invalidation

🛡️ Support Zones:

• $0.01000 – Psychological support

• $0.00965 – 24h weak floor

• $0.00950 – Breakdown trigger

🔻 TRADE SETUP – SHORT POSITION IDEA

📍 Entry Zone: $0.01010 – $0.01030 (on weak retest of resistance)

🎯 Targets:

• TP1: $0.01000

• TP2: $0.00965

• TP3: $0.00930 (if momentum builds)

🛑 Stop Loss: $0.01100

📉 TECHNICAL INSIGHT:

PENGU/USDT is showing signs of distribution and weakness, failing to hold above the $0.01040–0.01060 resistance band. A break below $0.00965 could spark a sharp move down. Bearish continuation likely unless bulls reclaim $0.011+. ⚠️🧊

⚠️ RISK MANAGEMENT TIP:

Keep position size small and risk <1.5% of your capital. Stick to your SL. In bearish setups, overexposure can quickly compound losses. 📉🛑

#PENGUUSDT #BearishSignal #NFTToken #AltcoinAlert #BinanceTrade $PENGU