Here is your professional and structured Binance-style post for the given PENGU/USDT chart:

$PENGU USDT BEARISH PULLBACK – SELLERS GAIN CONTROL AFTER REJECTION

After attempting a breakout to 0.014552, $PENGUUSDT faced strong rejection, forming consecutive bearish candles and dropping below its short-term moving averages. Momentum indicators are weakening, suggesting a potential further decline in the coming sessions.

📉 TRADE SETUP (SHORT)

Entry Zone: 0.01340 – 0.01350

Take Profit 1: 0.01300

Take Profit 2: 0.01260

Stop Loss: 0.01400

💡 MARKET OUTLOOK:

The MACD remains negative with widening bearish bars, and RSI is weak near 36, indicating sellers are dominant. Failure to reclaim 0.01380 quickly could trigger deeper sell-offs toward recent support levels.

⚠️ Risk Management:

Trade with strict stop loss and position sizing as volatility remains high after its previous 22% pump.

#CryptoTrading #Pengu #BearishSetup #Altcoins #TechnicalAnalysis

buy and trade here on $PENGU

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