$PENGU /USDT ā SHORT TRADE SIGNAL š“
STRONG BEARISH MOMENTUM
LOWER LOWS FORMING ON 4H CHART
SUPPORT TESTED, BREAKDOWN IN PLAY
PENGU has broken down from its recent uptrend with strong selling pressure visible on the 4H chart. Price failed to hold the 0.00927 support and tested a new local low at 0.008945, showing bearish continuation. Volume is declining post-breakdown, suggesting limited buyer interest.
š“ Short Trade Setup:
ā¢ Entry Zone: 0.00905 ā 0.00910
ā¢ Stop Loss: 0.00927
ā¢ Take Profit:
ā£ TP1: 0.00885
ā£ TP2: 0.00860
ā£ TP3: 0.00830
Market Outlook:
If the price loses 0.00894 support on volume, a further drop toward 0.00830 is likely. Monitor for retests or lower highs for better entries.
#PENGU #BearishSignal #ShortSetup #CryptoTrading #BinanceSquare