$PENGU

USDT SHORT TRADE SIGNAL šŸ”“

REJECTION FROM SUPPLY ZONE — BEARS TAKE CONTROL

Price faced multiple rejections near the resistance at 0.00859 and continues to push lower from a tight consolidation. This breakdown confirms bearish momentum, targeting the next demand zone below.

šŸ“‰ Trade Setup:

Entry Point: 0.00843 – 0.00836

Stop Loss: 0.00859

Take Profit: 0.00793

Margin: 2-3% of wallet

Leverage: 10x

šŸ“Š Market Outlook:

Momentum remains bearish after breakdown from lower highs. Volatility is increasing with consistent lower closes. Price is trending within a descending channel, confirming seller strength unless support reclaims.

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