$PENGU Bearish signal below support level 0.009400 ⚠️🐧📉
The price shows clear weakness, having failed to reclaim the 0.009500 area. The price is sliding below the main support level, indicating the possibility of a deeper pullback on lower time frames.
🔻 Sell trade settings:
• Entry: 0.009311
• Targets:
• Take profit 1: 0.009200
• Take profit 2: 0.009100
• Take profit 3: 0.008950
• Stop loss: 0.009520
📊 Main resistance: 0.009500
📉 Main support: 0.008950
⚠️ Risk management advice: Stick to a risk level between 2% and 3% per trade. Avoid overtrading, and always adjust your stop loss level to protect against rapid reversals. 🎯🛡️
