$PENGU
USDT SHORT TRADE SIGNAL š“
REJECTION FROM SUPPLY ZONE ā 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.
š Trade Setup:
Entry Point: 0.00843 ā 0.00836
Stop Loss: 0.00859
Take Profit: 0.00793
Margin: 2-3% of wallet
Leverage: 10x
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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buy and trade here on $PENGU